VA awards $3.2M for temporary healthcare staffing in Colorado, led by Loyd Source Government Services

Contract Overview

Contract Amount: $3,230,069 ($3.2M)

Contractor: Loyal Source Government Services LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2023-06-01

End Date: 2024-11-30

Contract Duration: 548 days

Daily Burn Rate: $5.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: RN, SPECIALTY RN, LPN, CNA, MA, LODGING, PER DIEM

Place of Performance

Location: AURORA, ADAMS County, COLORADO, 80045

State: Colorado Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $3.2 million to LOYAL SOURCE GOVERNMENT SERVICES LLC for work described as: RN, SPECIALTY RN, LPN, CNA, MA, LODGING, PER DIEM Key points: 1. Significant contract value for temporary healthcare staffing services. 2. Loyd Source Government Services is the sole awardee for this delivery order. 3. Potential for cost overruns if per diem rates are not benchmarked effectively. 4. The IT sector is not directly involved, but administrative support is key.

Value Assessment

Rating: fair

The contract is a delivery order under a larger contract, making direct pricing assessment difficult. However, the total award of $3.2M for 548 days suggests a need for consistent staffing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. However, this specific delivery order was awarded to a single contractor, Loyd Source Government Services.

Taxpayer Impact: Taxpayer funds are being used to secure essential healthcare personnel, aiming for efficient service delivery.

Public Impact

Ensures continued healthcare services for veterans in Colorado. Supports the Department of Veterans Affairs' mission to provide care. Creates employment opportunities for healthcare professionals.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Reliance on a single vendor for this delivery order.
Potential for fluctuating demand impacting cost-effectiveness.
Geographic concentration in Colorado may limit broader access to staff.

Positive Signals

Awarded under full and open competition.
Addresses critical healthcare staffing needs.
Firm fixed price contract type provides cost certainty.

Sector Analysis

This contract falls under temporary help services, a common need across government agencies. Benchmarks for such services vary widely based on skill set and location.

Small Business Impact

The data does not indicate whether small businesses were involved in the subcontracting or prime award.

Oversight & Accountability

The Department of Veterans Affairs is responsible for oversight. The delivery order structure implies a need for ongoing monitoring of performance and costs.

Related Government Programs

Temporary Help Services
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Vendor Lock-in (for this delivery order)
Potential for Price Inflation
Service Quality Variability
Dependency on External Labor Market

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $3.2 million to LOYAL SOURCE GOVERNMENT SERVICES LLC. RN, SPECIALTY RN, LPN, CNA, MA, LODGING, PER DIEM

Who is the contractor on this award?

The obligated recipient is LOYAL SOURCE GOVERNMENT SERVICES 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 $3.2 million.

What is the period of performance?

Start: 2023-06-01. End: 2024-11-30.

What is the average per diem rate for the RN, Specialty RN, LPN, CNA, and MA positions?

The provided data does not specify the average per diem rate for each role. The total award amount is $3,230,068.95 for 548 days. To assess value, a breakdown of rates per position and comparison to market averages would be necessary.

What are the specific risks associated with relying on Loyd Source Government Services for this delivery order?

The primary risk is vendor dependency for critical healthcare staffing. If Loyd Source faces staffing shortages or performance issues, it could disrupt veteran care. The lack of competition for this specific delivery order also means less leverage for price negotiation or service improvement.

How effectively does this contract address the VA's long-term staffing challenges in Colorado?

This contract addresses immediate staffing needs through temporary hires. It does not inherently solve long-term staffing challenges, which may require permanent hiring initiatives or different contracting strategies. The effectiveness depends on the VA's ability to integrate temporary staff and manage ongoing service delivery.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation Services › Employment Services › Temporary Help Services

Product/Service Code: MEDICAL SERVICES › NURSING, NURSING HOME, EVAL/SCREEN

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: 12612 CHALLENGER PKWY STE 365, ORLANDO, FL, 32826

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $3,230,069

Exercised Options: $3,230,069

Current Obligation: $3,230,069

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 36F79722D0185

IDV Type: FSS

Timeline