VA awards $104,788 for Accuvein Monitors from Accuvein Inc., with 244 days duration

Contract Overview

Contract Amount: $104,789 ($104.8K)

Contractor: Accuvein Inc.

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-05-01

End Date: 2026-12-31

Contract Duration: 244 days

Daily Burn Rate: $429/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: ACCUVEIN MONITORS

Place of Performance

Location: MEDFORD, SUFFOLK County, NEW YORK, 11763

State: New York Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $104,788.95 to ACCUVEIN INC. for work described as: ACCUVEIN MONITORS Key points: 1. Spending on Accuvein monitors totals $104,788. 2. Accuvein Inc. is the sole manufacturer, raising potential competition concerns. 3. The contract is for surgical and medical instrument manufacturing. 4. Risk is moderate due to reliance on a single supplier.

Value Assessment

Rating: fair

The awarded amount of $104,788 for Accuvein monitors appears reasonable given the specialized nature of the device. Benchmarking against similar medical equipment contracts would provide a clearer picture of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was awarded under full and open competition, but the limited number of manufacturers for this specific technology may have constrained price discovery. The award type is a delivery order.

Taxpayer Impact: Taxpayer funds are being used for essential medical equipment, with the price influenced by the competitive landscape for specialized devices.

Public Impact

Veterans Affairs will receive Accuvein monitors to aid in medical procedures. The contract supports the healthcare sector by providing necessary medical technology. The limited competition could lead to higher costs for taxpayers.

Waste & Efficiency Indicators

Waste Risk Score: 43 / 10

Warning Flags

Sole source potential
Limited competition impact on price

Positive Signals

Supports VA healthcare needs
Firm fixed price contract

Sector Analysis

The Department of Veterans Affairs is procuring medical instruments, specifically Accuvein monitors, which fall under the Surgical and Medical Instrument Manufacturing sector. Spending in this sector is driven by healthcare demand and technological advancements.

Small Business Impact

The contract was not awarded to a small business. Further analysis would be needed to determine if small businesses could have competed for this requirement.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Accountability will be ensured through contract performance monitoring and adherence to delivery schedules.

Related Government Programs

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

Risk Flags

Potential for sole-source pricing
Limited competition may inflate costs
Dependence on a single manufacturer
Lack of small business participation

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $104,788.95 to ACCUVEIN INC.. ACCUVEIN MONITORS

Who is the contractor on this award?

The obligated recipient is ACCUVEIN 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 $104,788.95.

What is the period of performance?

Start: 2026-05-01. End: 2026-12-31.

What is the specific clinical benefit of Accuvein monitors that justifies the expenditure?

Accuvein monitors are designed to improve the visibility of peripheral veins, aiding healthcare professionals in procedures like IV insertion and blood draws. This can lead to reduced patient discomfort, fewer failed attempts, and potentially faster treatment initiation, thereby enhancing patient care and operational efficiency within the VA healthcare system.

What are the risks associated with relying on a single supplier for this medical technology?

Relying on a single supplier, Accuvein Inc., poses risks such as potential price increases due to lack of competition, supply chain disruptions if the sole manufacturer faces issues, and limited options for technological upgrades or alternative solutions. This dependence could impact the VA's ability to secure favorable terms or access innovative alternatives in the future.

How effectively does this contract contribute to the VA's overall mission of providing healthcare to veterans?

This contract directly contributes to the VA's mission by equipping medical staff with technology that can improve the quality and efficiency of patient care. By facilitating easier vein access, Accuvein monitors can enhance patient comfort and reduce procedural complications, aligning with the VA's commitment to providing high-quality healthcare services to veterans.

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

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3243 ROUTE 112 STE 2, MEDFORD, NY, 11763

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

Financial Breakdown

Contract Ceiling: $104,789

Exercised Options: $104,789

Current Obligation: $104,789

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 36F79720D0212

IDV Type: FSS

Timeline