VA Awards $59.7M for Fecal Occult Blood Testing to Polymedco LLC

Contract Overview

Contract Amount: $59,658 ($59.7K)

Contractor: Polymedco LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2020-03-01

End Date: 2024-09-30

Contract Duration: 1,674 days

Daily Burn Rate: $36/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: FECAL OCCULT BLOOD TESTING

Place of Performance

Location: PALO ALTO, SANTA CLARA County, CALIFORNIA, 94304

State: California Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $59,657.82 to POLYMEDCO LLC for work described as: FECAL OCCULT BLOOD TESTING Key points: 1. The Department of Veterans Affairs (VA) is the primary agency awarding this contract. 2. Polymedco LLC is the sole contractor for this specific award. 3. The contract spans over four years, indicating a significant, ongoing need. 4. The NAICS code 334516 suggests a focus on analytical laboratory instrument manufacturing.

Value Assessment

Rating: fair

The total award amount is $59.7 million over approximately 4.5 years. Without specific per-unit pricing or comparison data, it's difficult to definitively assess value. However, the duration and amount suggest a substantial commitment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically fosters competitive pricing. However, the data only shows one awardee, Polymedco LLC, for this specific delivery order, raising questions about the extent of actual competition for this particular task.

Taxpayer Impact: The use of full and open competition is intended to ensure taxpayer funds are used efficiently. The final price achieved through this method will determine the ultimate taxpayer impact.

Public Impact

Ensures availability of critical diagnostic testing for veterans. Supports the VA's healthcare mission by providing necessary medical equipment. Potential impact on veterans' health outcomes through timely diagnostic capabilities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of detailed pricing breakdown for unit costs.
Single awardee for this specific delivery order despite full and open competition.

Positive Signals

Contract awarded under full and open competition.
Long-term commitment suggests sustained need and potential for volume discounts.

Sector Analysis

This contract falls under the Analytical Laboratory Instrument Manufacturing sector. Spending in this sector is crucial for healthcare diagnostics and research. Benchmarks for similar contracts would require detailed analysis of specific instrument types and quantities.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. Further investigation would be needed to determine if small businesses were involved as subcontractors or if opportunities were missed.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms should be in place to ensure compliance and performance.

Related Government Programs

Analytical Laboratory Instrument Manufacturing
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Potential for limited competition on specific delivery orders despite broad contract type.
Lack of transparency on unit pricing makes value assessment difficult.
No indication of small business participation.
Long contract duration could lead to price increases if not managed effectively.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $59,657.82 to POLYMEDCO LLC. FECAL OCCULT BLOOD TESTING

Who is the contractor on this award?

The obligated recipient is POLYMEDCO 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 $59,657.82.

What is the period of performance?

Start: 2020-03-01. End: 2024-09-30.

What was the specific unit price for the fecal occult blood testing kits or related instruments awarded under this contract?

The provided data does not specify the unit price for the fecal occult blood testing kits or associated instruments. The total award is $59.7 million over 1674 days. To assess value, a breakdown of units and their corresponding prices would be necessary to compare against market rates or historical data for similar procurements.

Given the 'full and open competition' designation, why was Polymedco LLC the sole awardee for this specific delivery order?

While the contract vehicle may have been competed fully and openly, specific delivery orders can sometimes result in a single awardee based on factors like technical proposals, past performance, or specific requirements outlined in the task order. It's possible other bids were received but Polymedco LLC was deemed the best value.

How does the $59.7 million contract value compare to the VA's historical spending on fecal occult blood testing and related supplies?

Without historical spending data for fecal occult blood testing from the VA, a direct comparison is not possible. The $59.7 million figure represents a significant investment over approximately 4.5 years, suggesting a substantial and ongoing requirement for these diagnostic tools within the VA healthcare system.

Industry Classification

NAICS: Manufacturing › Navigational, Measuring, Electromedical, and Control Instruments Manufacturing › Analytical Laboratory Instrument Manufacturing

Product/Service Code: INSTRUMENTS AND LABORATORY EQPT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 510 FURNACE DOCK RD, CORTLANDT MANOR, NY, 10567

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

Financial Breakdown

Contract Ceiling: $78,688

Exercised Options: $59,658

Current Obligation: $59,658

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 36F79720D0016

IDV Type: FSS

Timeline