VA Leases Olympus Scope for $215K, Ending May 2027 Under BPA Call

Contract Overview

Contract Amount: $215,450 ($215.4K)

Contractor: Olympus America Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-05-01

End Date: 2027-04-30

Contract Duration: 364 days

Daily Burn Rate: $592/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: OLYMPUS SCOPE LEASE

Place of Performance

Location: CENTER VALLEY, LEHIGH County, PENNSYLVANIA, 18034

State: Pennsylvania Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $215,449.8 to OLYMPUS AMERICA INC for work described as: OLYMPUS SCOPE LEASE Key points: 1. Lease of Olympus scope valued at $215,449.80. 2. Olympus America Inc. is the sole contractor. 3. Contract awarded via BPA Call under full and open competition. 4. Spending falls within the Surgical and Medical Instrument Manufacturing sector.

Value Assessment

Rating: fair

The lease price of $215,449.80 for a 364-day term appears reasonable given the specialized nature of surgical scopes. Benchmarking against similar leases for high-end medical equipment is necessary for a definitive assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through a BPA Call, indicating that multiple vendors could have competed. However, the specific award to Olympus America Inc. suggests they were the most advantageous offer received under the existing BPA.

Taxpayer Impact: Taxpayer funds are being used for essential medical equipment, ensuring patient care. The competitive nature of the BPA call aims to secure fair pricing.

Public Impact

Ensures availability of critical surgical equipment for VA medical facilities. Supports ongoing patient care and surgical procedures within the VA system. Potential for cost savings through competitive bidding processes.

Waste & Efficiency Indicators

Waste Risk Score: 100 / 10

Warning Flags

Lack of specific per-unit cost for the scope.
Limited detail on the specific model and features of the scope.
Potential for price escalation in future renewals.

Positive Signals

Awarded under full and open competition.
Utilizes an existing BPA for streamlined procurement.
Contract duration aligns with operational needs.

Sector Analysis

This spending falls within the Surgical and Medical Instrument Manufacturing sector, which includes a wide range of specialized equipment. Benchmarks for similar leases are difficult to ascertain without more specific equipment details.

Small Business Impact

The data does not indicate any specific involvement or benefit to small businesses in this particular contract award.

Oversight & Accountability

The award was made under a BPA Call, suggesting that the initial BPA underwent a competitive process. Further oversight would involve reviewing the specific evaluation criteria used for this call.

Related Government Programs

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

Risk Flags

Potential for higher costs compared to outright purchase.
Dependence on a single vendor for critical equipment.
Lack of detailed technical specifications.
Limited transparency on the competitive evaluation process for the BPA call.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $215,449.8 to OLYMPUS AMERICA INC. OLYMPUS SCOPE LEASE

Who is the contractor on this award?

The obligated recipient is OLYMPUS AMERICA 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 $215,449.8.

What is the period of performance?

Start: 2026-05-01. End: 2027-04-30.

What is the specific model and configuration of the Olympus scope being leased, and how does its feature set compare to market offerings?

The provided data lacks the specific model and configuration of the Olympus scope. Understanding its features is crucial for assessing its value and comparing it against similar instruments available on the market. This information would allow for a more precise evaluation of whether the lease price reflects the technological capabilities and intended use of the equipment.

What was the competitive landscape during the BPA call, and were there other comparable scope lease proposals considered?

While the contract states 'FULL AND OPEN COMPETITION' and was awarded via a 'BPA CALL', the data doesn't detail the specific proposals received or the evaluation process. Knowing if other manufacturers submitted bids for comparable scopes, and their respective pricing and feature sets, is essential to confirm that the VA secured the best possible value and that the chosen lease is not unnecessarily expensive.

What is the expected lifespan and maintenance plan for the leased scope, and how does this impact the overall cost-effectiveness for the VA?

The data does not specify the expected lifespan or the included maintenance plan for the leased Olympus scope. A comprehensive assessment of cost-effectiveness requires understanding these factors. If the lease includes comprehensive maintenance and the scope is expected to remain technologically relevant for the duration, it could represent good value. Conversely, if maintenance is separate or the scope quickly becomes outdated, the long-term cost could be higher.

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: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3500 CORPORATE PKWY, CENTER VALLEY, PA, 18034

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

Financial Breakdown

Contract Ceiling: $215,450

Exercised Options: $215,450

Current Obligation: $215,450

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 36C25023A0040

IDV Type: BPA

Timeline