VA Awards $19.6M Purchase Order for Surgery Disposables to RESTOR3D INC
Contract Overview
Contract Amount: $19,560 ($19.6K)
Contractor: Restor3d Inc
Awarding Agency: Department of Veterans Affairs
Start Date: 2026-04-02
End Date: 2026-09-30
Contract Duration: 181 days
Daily Burn Rate: $108/day
Competition Type: NOT COMPETED
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Healthcare
Official Description: SURGERY DISPOSABLES
Place of Performance
Location: DURHAM, DURHAM County, NORTH CAROLINA, 27709
Plain-Language Summary
Department of Veterans Affairs obligated $19,559.5 to RESTOR3D INC for work described as: SURGERY DISPOSABLES Key points: 1. Spending on surgery disposables totals $19.6 million. 2. RESTOR3D INC is the sole awardee. 3. The contract is not competed, raising potential value concerns. 4. The manufacturing sector is Surgical and Medical Instrument Manufacturing.
Value Assessment
Rating: questionable
The contract's value is $19.6 million for 181 days. Without competitive bidding, it's difficult to assess if this price is fair compared to market rates for similar surgery disposables.
Cost Per Unit: N/A
Competition Analysis
Competition Level: sole-source
This contract was not competed, indicating a sole-source award. This limits price discovery and may result in higher costs for taxpayers.
Taxpayer Impact: The lack of competition could lead to inflated prices, impacting taxpayer funds.
Public Impact
Veterans may receive essential surgical supplies. The award to a single vendor limits market competition. Transparency in pricing is reduced due to the sole-source nature.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of competition
- Limited price transparency
- Short contract duration for a large value
Positive Signals
- Supports medical needs of veterans
- Specific product likely required
Sector Analysis
The contract falls under Surgical and Medical Instrument Manufacturing, a sector that can see significant government spending. Benchmarks for similar disposables are hard to ascertain without competitive data.
Small Business Impact
The awardee is RESTOR3D INC. Information on whether this is a small business is not provided, and the contract was not competed, suggesting small businesses may not have had an opportunity to bid.
Oversight & Accountability
The Department of Veterans Affairs awarded this contract. Oversight is needed to ensure the necessity of a sole-source award and fair pricing.
Related Government Programs
- Surgical and Medical Instrument Manufacturing
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Sole-source award limits competition.
- Potential for overpayment due to lack of price discovery.
- Short contract duration may indicate urgency or a stop-gap measure.
- Lack of transparency on vendor's small business status.
- Need for justification for sole-source procurement.
Tags
surgical-and-medical-instrument-manufact, department-of-veterans-affairs, nc, purchase-order, under-100k
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $19,559.5 to RESTOR3D INC. SURGERY DISPOSABLES
Who is the contractor on this award?
The obligated recipient is RESTOR3D 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 $19,559.5.
What is the period of performance?
Start: 2026-04-02. End: 2026-09-30.
What is the justification for awarding this contract on a sole-source basis?
The justification for a sole-source award is crucial for understanding why competition was bypassed. Typically, this involves unique capabilities, urgent needs, or lack of viable alternatives. Without this information, it's difficult to assess if the government received the best possible value or if alternative vendors could have met the requirements.
How does the per-unit cost compare to industry benchmarks for similar surgery disposables?
Without competitive bids or publicly available pricing data for this specific contract, establishing a per-unit cost benchmark is challenging. A thorough analysis would require comparing the awarded price against similar contracts or market research data for comparable surgical disposable products to determine if the price is reasonable.
What is the long-term strategy for ensuring competitive pricing for these surgery disposables?
Given this is a sole-source award, the VA should outline a strategy to foster future competition. This could involve market research to identify potential new vendors, breaking down the requirement into smaller lots, or setting clear performance standards that multiple suppliers can meet in subsequent solicitations.
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: NOT COMPETED
Solicitation Procedures: ONLY ONE SOURCE
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 4001 E. NC 54 HWY SUITE 3160, DURHAM, NC, 27709
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $19,560
Exercised Options: $19,560
Current Obligation: $19,560
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Timeline
Start Date: 2026-04-02
Current End Date: 2026-09-30
Potential End Date: 2026-09-30 00:00:00
Last Modified: 2026-04-02
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