VA awards $132M IDIQ for Belimed SPS Equipment to Steelcobelimed Inc

Contract Overview

Contract Amount: $132,101 ($132.1K)

Contractor: Steelcobelimed Inc.

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-07-11

End Date: 2027-07-10

Contract Duration: 364 days

Daily Burn Rate: $363/day

Competition Type: NOT COMPETED UNDER SAP

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: IDIQ FOR TVHS BELIMED SPS EQUIPMENT ORDERING PERIOD 4

Place of Performance

Location: NASHVILLE, DAVIDSON County, TENNESSEE, 37212

State: Tennessee Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $132,101.25 to STEELCOBELIMED INC. for work described as: IDIQ FOR TVHS BELIMED SPS EQUIPMENT ORDERING PERIOD 4 Key points: 1. Contract awarded to a single vendor, raising questions about competition. 2. The contract is for surgical appliance and supplies manufacturing. 3. Potential for higher costs due to lack of competitive bidding. 4. Long-term ordering period suggests ongoing need for these supplies.

Value Assessment

Rating: questionable

Pricing is not benchmarked against similar contracts due to the lack of competition. Without competitive bids, it's difficult to assess if the pricing is fair and reasonable.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

This contract was not competed under SAP, indicating a limited competition approach. This likely resulted in less price discovery and potentially higher costs for the government.

Taxpayer Impact: The lack of competition may lead to taxpayers paying more than necessary for these essential medical supplies.

Public Impact

Veterans will continue to receive necessary medical equipment and supplies. Potential for increased costs impacts the VA's budget for patient care. The sole-source nature of this award warrants further scrutiny to ensure value for money.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of competition
Potential for overpricing
Limited transparency

Positive Signals

Ensures supply continuity for veterans

Sector Analysis

The healthcare sector, particularly for medical equipment and supplies, often sees significant government spending. Benchmarks for similar IDIQs can vary widely based on the specific equipment and contract duration.

Small Business Impact

There is no indication that small businesses were involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to determine if opportunities were missed.

Oversight & Accountability

The limited competition approach raises questions about oversight. The VA should ensure robust internal controls are in place to justify sole-source or limited-source awards and monitor pricing.

Related Government Programs

Surgical Appliance and Supplies Manufacturing
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Lack of competitive bidding
Potential for inflated prices
Limited transparency in award process
Dependency on a single supplier

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $132,101.25 to STEELCOBELIMED INC.. IDIQ FOR TVHS BELIMED SPS EQUIPMENT ORDERING PERIOD 4

Who is the contractor on this award?

The obligated recipient is STEELCOBELIMED 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 $132,101.25.

What is the period of performance?

Start: 2026-07-11. End: 2027-07-10.

What was the justification for not competing this contract more broadly?

The provided data states the contract was 'NOT COMPETED UNDER SAP'. This suggests a limited competition strategy was employed, potentially due to specific requirements, urgency, or existing relationships. A full justification would typically be documented within the agency's procurement file, detailing why a broader competition was not feasible or advantageous.

How can the VA ensure fair pricing without competitive bids?

Even in limited competition scenarios, the VA can employ several strategies to ensure fair pricing. This includes conducting thorough market research, obtaining price reasonableness data from other sources, negotiating aggressively, and potentially incorporating price adjustment clauses. Independent cost analysis can also be a valuable tool.

What is the long-term risk of relying on a single vendor for critical supplies?

Relying on a single vendor for critical supplies like medical equipment can create significant long-term risks. These include potential supply chain disruptions if the vendor faces issues, lack of innovation, and the vendor's ability to dictate terms and pricing over time. Diversifying suppliers where possible mitigates these risks.

Industry Classification

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

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

Competition & Pricing

Extent Competed: NOT COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 8351 PALMETTO COMMERCE PARKWAY, LADSON, SC, 29456

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

Financial Breakdown

Contract Ceiling: $132,101

Exercised Options: $132,101

Current Obligation: $132,101

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 36C24923D0102

IDV Type: IDC

Timeline