VA awards $6.96M for GE Imaging Services, a 5-year contract for irradiation apparatus manufacturing
Contract Overview
Contract Amount: $6,964,940 ($7.0M)
Contractor: GE Precision Healthcare LLC
Awarding Agency: Department of Veterans Affairs
Start Date: 2018-10-01
End Date: 2023-09-30
Contract Duration: 1,825 days
Daily Burn Rate: $3.8K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Healthcare
Official Description: GE IMAGING SERVICE FY19
Place of Performance
Location: MEMPHIS, SHELBY County, TENNESSEE, 38104
Plain-Language Summary
Department of Veterans Affairs obligated $7.0 million to GE PRECISION HEALTHCARE LLC for work described as: GE IMAGING SERVICE FY19 Key points: 1. Contract value of $6.96M over 5 years. 2. Awarded to GE Precision Healthcare LLC. 3. Department of Veterans Affairs is the contracting agency. 4. PSC code is missing, hindering sector benchmarking.
Value Assessment
Rating: fair
The contract value of $6.96M over 5 years averages to approximately $1.4M annually. Without specific unit details or comparable contract data, a precise pricing assessment is difficult. However, the firm fixed-price structure suggests a defined cost expectation.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives fair market value.
Taxpayer Impact: The use of full and open competition is beneficial for taxpayers as it drives down costs through market forces.
Public Impact
Ensures continued access to essential imaging services for veterans. Supports the Department of Veterans Affairs' healthcare mission. Potential for technological advancements in medical imaging.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Missing Product Service Code (PSC) hinders detailed analysis.
- Lack of specific unit cost data for benchmarking.
- Contract duration of 5 years may not align with rapid technological changes in imaging.
Positive Signals
- Awarded under full and open competition.
- Firm fixed-price contract provides cost certainty.
- Long-term commitment ensures service continuity for veterans.
Sector Analysis
The contract falls under Irradiation Apparatus Manufacturing, a specialized sector within healthcare technology. Benchmarking is challenging without a specific PSC, but this type of equipment is critical for diagnostic and therapeutic services.
Small Business Impact
The data does not indicate any specific provisions or set-asides for small businesses in this contract award.
Oversight & Accountability
The Department of Veterans Affairs is responsible for oversight. The firm fixed-price nature and full and open competition suggest a degree of accountability in pricing and vendor performance.
Related Government Programs
- Irradiation Apparatus Manufacturing
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Lack of specific PSC.
- Missing unit cost data.
- Potential for technology obsolescence over contract term.
- Limited insight into specific equipment capabilities.
Tags
irradiation-apparatus-manufacturing, department-of-veterans-affairs, tn, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $7.0 million to GE PRECISION HEALTHCARE LLC. GE IMAGING SERVICE FY19
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 $7.0 million.
What is the period of performance?
Start: 2018-10-01. End: 2023-09-30.
What is the specific type of irradiation apparatus being procured and its intended use?
The provided data identifies the North American Industry Classification System (NAICS) code as 334517 for Irradiation Apparatus Manufacturing. However, it does not specify the exact type of apparatus or its precise application within the VA's healthcare services. Further details would be needed to understand the technological sophistication and criticality of the equipment.
How does the $1.4M annual average cost compare to similar irradiation equipment procurements by other federal agencies?
Without a specific Product Service Code (PSC) or detailed technical specifications, a direct comparison of the $1.4M annual average cost to similar federal procurements is not feasible. Benchmarking requires identifying comparable equipment and contract terms. The absence of this data limits the ability to assess cost-effectiveness against market rates.
What mechanisms are in place to ensure the VA receives up-to-date and effective irradiation technology over the 5-year contract period?
The contract is a firm fixed-price award for 5 years. While this provides cost certainty, it may not inherently incentivize the contractor to proactively offer technological upgrades unless specified in the contract's performance requirements or through contract modification processes. The VA's oversight will be crucial in ensuring the technology remains effective.
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: $7,602,375
Exercised Options: $6,964,940
Current Obligation: $6,964,940
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
Start Date: 2018-10-01
Current End Date: 2023-09-30
Potential End Date: 2023-09-30 00:00:00
Last Modified: 2026-03-11
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