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

State: North Carolina Government Spending

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: ManufacturingMedical Equipment and Supplies ManufacturingSurgical 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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