VA awards $50.9M contract for PolyMendco analyzers and reagents to Polymedco LLC

Contract Overview

Contract Amount: $50,907 ($50.9K)

Contractor: Polymedco LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-04-01

End Date: 2027-03-31

Contract Duration: 364 days

Daily Burn Rate: $140/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: FIT POLYMENDCO ANALYZERS REAGENTS

Place of Performance

Location: CORTLANDT MANOR, WESTCHESTER County, NEW YORK, 10567

State: New York Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $50,906.6 to POLYMEDCO LLC for work described as: FIT POLYMENDCO ANALYZERS REAGENTS Key points: 1. Contract awarded to Polymedco LLC for analytical laboratory instruments. 2. The Department of Veterans Affairs is the procuring agency. 3. Contract duration is 364 days, ending March 31, 2027. 4. This is a firm fixed price contract. 5. No small business participation noted.

Value Assessment

Rating: fair

The contract value of $50.9M for a 364-day period suggests a potentially high per-unit cost or significant volume. Without specific unit details, direct comparison to similar contracts is difficult, but the overall value is substantial for the duration.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. The BPA Call award method suggests it was likely a competitive call against an existing Blanket Purchase Agreement.

Taxpayer Impact: Taxpayer funds are being used for essential analytical instruments and reagents for the VA, with competition aiming for fair pricing.

Public Impact

Ensures VA medical facilities have necessary diagnostic tools. Supports patient care through timely laboratory analysis. Potential impact on research and development within VA healthcare.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of small business participation.
High contract value for a single year duration.

Positive Signals

Full and open competition utilized.
Firm fixed price contract provides cost certainty.

Sector Analysis

The contract falls under Analytical Laboratory Instrument Manufacturing, a sector critical for healthcare diagnostics. Spending benchmarks for this sector vary widely based on instrument complexity and volume, but $50.9M for a year's supply of analyzers and reagents is a significant investment.

Small Business Impact

The data indicates that small businesses were not involved in this specific contract award, as the 'sb' field is false. Efforts to ensure small business participation in future procurements within this category may be warranted.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms should be in place to ensure performance and proper use of funds.

Related Government Programs

Analytical Laboratory Instrument Manufacturing
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Potential for high unit costs given the contract value.
Lack of small business participation.
Single-year duration may indicate a need for re-competition or potential for price increases in subsequent years.
Dependence on a single vendor for critical analytical supplies.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $50,906.6 to POLYMEDCO LLC. FIT POLYMENDCO ANALYZERS REAGENTS

Who is the contractor on this award?

The obligated recipient is POLYMEDCO LLC.

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 $50,906.6.

What is the period of performance?

Start: 2026-04-01. End: 2027-03-31.

What is the specific breakdown of analyzers versus reagents in the $50.9M award, and how does this align with VA's projected usage?

The provided data does not specify the allocation between analyzers and reagents within the $50.9M contract value. Understanding this breakdown is crucial for assessing if the funding is appropriately balanced for the VA's operational needs and for benchmarking costs effectively against similar procurements.

Given the full and open competition, what were the key differentiators that led to Polymedco LLC being selected for this substantial award?

While full and open competition was utilized, the specific evaluation criteria and scoring are not detailed. Key differentiators could include technical capabilities, past performance, proposed pricing structure, and alignment with VA's specific technical requirements for these analyzers and reagents.

How does the $50.9M award for a 364-day period compare to historical spending on similar analytical instruments and reagents by the VA or other federal agencies?

Benchmarking this $50.9M award requires access to historical spending data for comparable analytical instruments and reagents. Without this comparative data, it's challenging to definitively assess if the price represents good value or if it's an outlier, necessitating further investigation into market rates.

Industry Classification

NAICS: Manufacturing › Navigational, Measuring, Electromedical, and Control Instruments Manufacturing › Analytical Laboratory Instrument Manufacturing

Product/Service Code: INSTRUMENTS AND LABORATORY EQPT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 510 FURNACE DOCK RD, CORTLANDT MANOR, NY, 10567

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $50,907

Exercised Options: $50,907

Current Obligation: $50,907

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 36C24826A0012

IDV Type: BPA

Timeline