VA awards $886K for Irradiation Apparatus Manufacturing to GE Precision Healthcare LLC

Contract Overview

Contract Amount: $886,816 ($886.8K)

Contractor: GE Precision Healthcare LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-04-08

End Date: 2027-04-07

Contract Duration: 364 days

Daily Burn Rate: $2.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: GE PM

Place of Performance

Location: MIAMI, MIAMI-DADE County, FLORIDA, 33125

State: Florida Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $886,816.28 to GE PRECISION HEALTHCARE LLC for work described as: GE PM Key points: 1. Contract awarded to GE Precision Healthcare LLC for irradiation apparatus manufacturing. 2. The Department of Veterans Affairs is the contracting agency. 3. The contract has a duration of 364 days. 4. The award was made under full and open competition. 5. The contract type is Firm Fixed Price.

Value Assessment

Rating: good

The contract value of $886,816.28 for a 364-day duration appears reasonable for specialized manufacturing services. Benchmarking against similar irradiation apparatus manufacturing contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process that likely led to a fair market price discovery. This method generally ensures the government receives the best value.

Taxpayer Impact: The competitive nature of this award suggests taxpayers are likely receiving fair value for the services procured.

Public Impact

Ensures VA facilities have necessary irradiation equipment for medical procedures. Supports advanced healthcare services for veterans. Contributes to the operational readiness of VA medical centers.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for sole-source justification if competition was not truly robust.
Dependency on a single supplier for critical equipment.

Positive Signals

Awarded under full and open competition.
Clear contract duration and delivery schedule.
Firm Fixed Price contract provides cost certainty.

Sector Analysis

The contract falls within the broader healthcare manufacturing sector, specifically related to medical equipment. Spending in this area is critical for maintaining advanced medical capabilities within the VA system.

Small Business Impact

The data does not indicate if small businesses were involved in this specific award, either as prime contractors or subcontractors. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract to ensure timely delivery and adherence to specifications. Standard procurement oversight processes should be in place.

Related Government Programs

Irradiation Apparatus Manufacturing
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Potential for limited competition if only a few vendors could meet specifications.
Risk of price increases if raw material costs fluctuate significantly.
Ensuring the equipment meets all VA technical and safety standards.
Timely delivery to avoid disruption of VA medical services.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $886,816.28 to GE PRECISION HEALTHCARE LLC. GE PM

Who is the contractor on this award?

The obligated recipient is GE PRECISION HEALTHCARE 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 $886,816.28.

What is the period of performance?

Start: 2026-04-08. End: 2027-04-07.

What is the specific type of irradiation apparatus being procured and its criticality to VA operations?

The specific type of irradiation apparatus is not detailed in the provided data. However, such equipment is typically critical for sterilization, medical imaging, or radiation therapy within healthcare settings. Understanding its precise function will clarify its importance to VA operations and patient care.

Were there any challenges encountered during the full and open competition process that might indicate future risks?

The provided data indicates the contract was awarded under 'FULL AND OPEN COMPETITION,' suggesting a standard procurement process. Without further details on the bidding process, it's difficult to identify specific challenges. However, potential risks could include a limited number of qualified bidders or unexpected cost escalations during negotiations.

How does the unit cost of this irradiation apparatus compare to similar equipment purchased by other federal agencies or the private sector?

Benchmarking the unit cost against similar irradiation apparatuses purchased by other federal agencies or the private sector is crucial for a comprehensive value assessment. The provided data lacks this comparative information, making it difficult to definitively state if the $886,816.28 contract value represents optimal pricing.

Industry Classification

NAICS: Manufacturing › Navigational, Measuring, Electromedical, and Control Instruments Manufacturing › Irradiation Apparatus Manufacturing

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENT › MAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: MIM Software Inc.

Address: 3000 NORTH GRANDVIEW BOULEVARD, WAUKESHA, WI, 53188

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

Financial Breakdown

Contract Ceiling: $886,816

Exercised Options: $886,816

Current Obligation: $886,816

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: VA797H17D0024

IDV Type: IDC

Timeline