NIH Awards $16.6M for Biomedical Research to Yeshiva University Under Full and Open Competition

Contract Overview

Contract Amount: $16,596,040 ($16.6M)

Contractor: Yeshiva University

Awarding Agency: Department of Health and Human Services

Start Date: 2006-09-30

End Date: 2013-05-31

Contract Duration: 2,435 days

Daily Burn Rate: $6.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 23

Pricing Type: COST NO FEE

Sector: R&D

Official Description: BIOMEDICAL (BASIC)

Place of Performance

Location: BRONX, BRONX County, NEW YORK, 10461

State: New York Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $16.6 million to YESHIVA UNIVERSITY for work described as: BIOMEDICAL (BASIC) Key points: 1. Significant investment in fundamental biomedical research. 2. Full and open competition suggests a robust market for these services. 3. Long contract duration (2006-2013) may indicate complex, ongoing research needs. 4. Focus on R&D in physical, engineering, and life sciences.

Value Assessment

Rating: good

The contract type is 'COST NO FEE', which is common for research and development where costs are reimbursed but no profit is allowed. The award amount of $16.6M over approximately 7 years is reasonable for specialized biomedical research.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally leads to competitive pricing and ensures the government receives the best value.

Taxpayer Impact: Taxpayer funds are directed towards advancing scientific knowledge in a critical area, with the expectation of long-term societal benefits.

Public Impact

Supports advancements in medical understanding and potential treatments. Investment in academic research infrastructure. Potential for groundbreaking discoveries in life sciences.

Waste & Efficiency Indicators

Waste Risk Score: 68 / 10

Positive Signals

Full and open competition
Clear agency and research area

Sector Analysis

This contract falls under the Research and Development in the Physical, Engineering, and Life Sciences sector. Spending in this area is crucial for innovation and national competitiveness, with significant government investment annually.

Small Business Impact

The data indicates this contract was not set aside for small businesses and does not specify small business participation. The large award amount may favor larger research institutions.

Oversight & Accountability

The contract was awarded by the Department of Health and Human Services (NIH), a major federal agency with established oversight mechanisms for research grants and contracts.

Related Government Programs

Research and Development in the Physical, Engineering, and Life Sciences
Department of Health and Human Services Contracting
National Institutes of Health Programs

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $16.6 million to YESHIVA UNIVERSITY. BIOMEDICAL (BASIC)

Who is the contractor on this award?

The obligated recipient is YESHIVA UNIVERSITY.

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (National Institutes of Health).

What is the total obligated amount?

The obligated amount is $16.6 million.

What is the period of performance?

Start: 2006-09-30. End: 2013-05-31.

What specific biomedical research areas were prioritized under this contract?

The provided data specifies the NAICS code 541710 as 'Research and Development in the Physical, Engineering, and Life Sciences.' While broad, this suggests research focused on biological processes, medical technologies, or related scientific fields. Further details would require reviewing the contract's statement of work.

Were there any performance issues or challenges reported during the contract's execution?

The provided data does not contain information regarding performance issues or challenges. Contract performance is typically monitored by the contracting officer's representative (COR) and documented in contract performance reports, which are not included here.

What was the ultimate impact or outcome of the research funded by this contract?

The ultimate impact of biomedical research contracts can range from incremental scientific understanding to significant breakthroughs in disease treatment or prevention. Without specific project outcomes or published results linked to this contract, the direct impact remains unquantified in this dataset.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Scientific Research and Development Services › Research and Development in the Physical, Engineering, and Life Sciences

Product/Service Code: RESEARCH AND DEVELOPMENT › N – Health R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 23

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Address: 500 W 185TH ST, NEW YORK, NY, 10033

Business Categories: Category Business, Educational Institution, Higher Education, Nonprofit Organization, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $16,596,040

Exercised Options: $16,596,040

Current Obligation: $16,596,040

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Timeline