VA awards $499K for Urology Probes from BK Medical Holding Company, Inc

Contract Overview

Contract Amount: $49,932 ($49.9K)

Contractor: BK Medical Holding Company, Inc.

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-04-15

End Date: 2026-07-14

Contract Duration: 90 days

Daily Burn Rate: $555/day

Competition Type: NOT COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: UROLOGY PROBES FOR DURHAM VAMC

Place of Performance

Location: BURLINGTON, MIDDLESEX County, MASSACHUSETTS, 01803

State: Massachusetts Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $49,932 to BK MEDICAL HOLDING COMPANY, INC. for work described as: UROLOGY PROBES FOR DURHAM VAMC Key points: 1. Single award to BK Medical Holding Company, Inc. for specialized urology probes. 2. Contract awarded by the Department of Veterans Affairs (VA) for the Durham VAMC. 3. The contract is for a 90-day period with a firm fixed price. 4. No small business set-aside was utilized for this procurement.

Value Assessment

Rating: fair

The award amount of $499,320 for 90 days of urology probes appears high for a short duration. Benchmarking against similar surgical instrument contracts is needed to assess value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not competed under Simplified Acquisition Procedures (SAP), indicating a limited competition approach. This may have impacted price discovery and potentially led to a higher price.

Taxpayer Impact: Taxpayer funds are being used for this purchase. The lack of broad competition raises concerns about whether the best possible price was achieved.

Public Impact

Veterans receiving urological care will have access to necessary equipment. Potential for increased costs to taxpayers due to limited competition. Ensures availability of specialized medical devices for a specific VA facility.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition
Potential overpricing due to lack of competition
Short contract duration for specialized equipment

Positive Signals

Ensures availability of critical medical equipment
Supports veteran healthcare services

Sector Analysis

The healthcare sector, particularly medical device procurement, requires careful oversight. Spending benchmarks for surgical instruments vary widely based on specialization and volume.

Small Business Impact

This contract was not set aside for small businesses, nor does it appear to have been competed among them. This missed opportunity could limit small business participation in government contracting.

Oversight & Accountability

The Department of Veterans Affairs is responsible for this procurement. Oversight should focus on the justification for limited competition and the reasonableness of the price.

Related Government Programs

Surgical and Medical Instrument Manufacturing
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Lack of full and open competition
Potential for inflated pricing
Limited duration may not reflect long-term needs
No small business participation noted

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $49,932 to BK MEDICAL HOLDING COMPANY, INC.. UROLOGY PROBES FOR DURHAM VAMC

Who is the contractor on this award?

The obligated recipient is BK MEDICAL HOLDING COMPANY, INC..

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $49,932.

What is the period of performance?

Start: 2026-04-15. End: 2026-07-14.

What is the justification for not competing this contract more broadly, given the specialized nature of the equipment?

The justification for limited competition is crucial. It could stem from the unique capabilities of BK Medical Holding Company, Inc., proprietary technology, or urgent need. Without a detailed justification, it's difficult to assess if alternative, potentially more cost-effective solutions were overlooked.

How does the per-unit cost of these urology probes compare to similar products in the market?

A thorough cost analysis is required to determine the per-unit cost benchmark. Comparing pricing against publicly available data or other government contracts for similar urology probes is essential. If the cost is significantly higher than market benchmarks, it indicates a potential value concern.

What is the long-term strategy for procuring these urology probes to ensure better value and competition?

The long-term strategy should involve exploring options for broader competition, such as market research for alternative suppliers or developing performance-based specifications. If the technology is proprietary, the VA might consider negotiating longer-term agreements with built-in price reductions or exploring licensing options.

Industry Classification

NAICS: Manufacturing › Medical Equipment and Supplies Manufacturing › Surgical and Medical Instrument Manufacturing

Product/Service Code: MEDICAL/DENTAL/VETERINARY EQPT/SUPP

Competition & Pricing

Extent Competed: NOT COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 25 CORPORATE DR., STE. 230, BURLINGTON, MA, 01803

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $49,932

Exercised Options: $49,932

Current Obligation: $49,932

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline