VA awards $59M MIM Service Plan contract to MIM SOFTWARE INC for 3 years under full and open competition

Contract Overview

Contract Amount: $59,022 ($59.0K)

Contractor: MIM Software Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-06-01

End Date: 2027-05-31

Contract Duration: 1,094 days

Daily Burn Rate: $54/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: MIM SERVICE PLAN

Place of Performance

Location: BEACHWOOD, CUYAHOGA County, OHIO, 44122

State: Ohio Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $59,021.73 to MIM SOFTWARE INC for work described as: MIM SERVICE PLAN Key points: 1. Contract Value: $59.02 million over 3 years. 2. Competition: Awarded under full and open competition, indicating a competitive bidding process. 3. Risk: Firm Fixed Price contract type mitigates cost overrun risk. 4. Sector: Software Publishers (NAICS 511210).

Value Assessment

Rating: good

The contract value of $59.02 million over three years for a service plan appears reasonable given the duration and the nature of software services. Benchmarking against similar enterprise-level software support contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, suggesting that multiple vendors had the opportunity to bid. This method generally leads to better price discovery and potentially more favorable pricing for the government.

Taxpayer Impact: The competitive nature of the award is expected to result in fair market pricing, maximizing the value of taxpayer dollars spent on this essential service.

Public Impact

Ensures continued support and maintenance for critical MIM software used by the VA. Supports the operational needs of the Department of Veterans Affairs. Provides a stable software service environment for VA personnel. Potential for improved healthcare delivery through reliable software.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Full and open competition
Firm Fixed Price contract type
Long-term support for critical software

Sector Analysis

This contract falls within the Software Publishers sector, which is crucial for government operations, including healthcare. Spending benchmarks for similar enterprise software service agreements vary widely based on complexity and user base, but a $59M, 3-year contract is substantial.

Small Business Impact

The data does not indicate whether small businesses were involved in this procurement. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Standard government oversight mechanisms, including performance monitoring and contract management, should be in place to ensure successful delivery and adherence to terms.

Related Government Programs

Software Publishers
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Potential vendor lock-in
Dependence on a single software provider for critical functions
Need for detailed performance metrics review

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $59,021.73 to MIM SOFTWARE INC. MIM SERVICE PLAN

Who is the contractor on this award?

The obligated recipient is MIM SOFTWARE 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 $59,021.73.

What is the period of performance?

Start: 2024-06-01. End: 2027-05-31.

What specific services are included in the MIM Service Plan, and how do they align with VA's operational needs?

The MIM Service Plan likely encompasses software maintenance, updates, technical support, and potentially training for the MIM software. Its alignment with VA's operational needs would depend on the specific functions of the MIM software, which could range from administrative tasks to clinical support systems. A detailed review of the Statement of Work (SOW) is necessary to confirm the scope and its criticality to VA's mission.

What is the historical performance of MIM SOFTWARE INC with the VA or other federal agencies?

Assessing MIM SOFTWARE INC's past performance is crucial for understanding potential risks. Reviewing past contract awards, performance evaluations (like CPARS), and any history of disputes or contract modifications would provide insights into their reliability, quality of service, and ability to meet government requirements. This historical data helps predict future performance and identify potential areas of concern.

Are there any potential single points of failure or vendor lock-in risks associated with this MIM software?

The risk of vendor lock-in exists if the MIM software is proprietary and deeply integrated into VA systems, making it difficult or costly to switch vendors. A single point of failure could arise if this service plan is the sole source of support for critical functionalities. Mitigation strategies might include ensuring clear exit clauses, data portability, and exploring alternative solutions during the contract period.

Industry Classification

NAICS: Information › Software Publishers › Software Publishers

Product/Service Code: TRAINING AIDS AND DEVICES

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: 25800 SCIENCE PARK DR, BEACHWOOD, OH, 44122

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

Financial Breakdown

Contract Ceiling: $118,043

Exercised Options: $59,022

Current Obligation: $59,022

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: GS35F425CA

IDV Type: FSS

Timeline