DoD Awards $10M Contract for Nursing Services at Walter Reed to Magnificus Corporation

Contract Overview

Contract Amount: $10,044,650 ($10.0M)

Contractor: Magnificus Corporation

Awarding Agency: Department of Defense

Start Date: 2023-04-01

End Date: 2026-03-31

Contract Duration: 1,095 days

Daily Burn Rate: $9.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 15

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: MEDICAL Q-CODED NURSING SERVICES AT WALTER REED NATIONAL MILITARY MEDICAL CENTER

Place of Performance

Location: BETHESDA, MONTGOMERY County, MARYLAND, 20889

State: Maryland Government Spending

Plain-Language Summary

Department of Defense obligated $10.0 million to MAGNIFICUS CORPORATION for work described as: MEDICAL Q-CODED NURSING SERVICES AT WALTER REED NATIONAL MILITARY MEDICAL CENTER Key points: 1. Contract awarded to Magnificus Corporation for nursing services. 2. The contract is for General Medical and Surgical Hospitals (NAICS 622110). 3. Competition was full and open after exclusion of sources. 4. The contract value is approximately $10 million over 3 years. 5. The award is a delivery order under an existing contract.

Value Assessment

Rating: good

The contract value of $10,044,650.39 for 1095 days appears reasonable for specialized nursing services at a major military medical center. Benchmarking against similar contracts for medical staffing at federal facilities would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' indicating a competitive process was used, though specific sources may have been excluded initially. This method aims for fair pricing through competition.

Taxpayer Impact: The use of full and open competition generally leads to better value for taxpayers by encouraging multiple bids and driving down prices.

Public Impact

Ensures continued provision of essential medical and surgical nursing services at a key military hospital. Supports the health and readiness of military personnel and their families. Provides stable employment for nursing professionals contracted through Magnificus Corporation. Contributes to the operational capacity of the Walter Reed National Military Medical Center.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for price creep if contract terms are not closely monitored.
  • Dependence on a single contractor for critical services.

Positive Signals

  • Awarded under full and open competition.
  • Supports a critical military healthcare facility.
  • Fixed-price contract type can limit cost overruns.

Sector Analysis

This contract falls within the Healthcare sector, specifically for hospital services. Spending in this area is consistently high due to the critical nature of medical care. Benchmarks for similar nursing service contracts can vary significantly based on location, specialization, and duration.

Small Business Impact

The data indicates that small businesses were not directly awarded this contract, as the prime contractor is Magnificus Corporation. Further analysis would be needed to determine if small businesses are involved as subcontractors.

Oversight & Accountability

The Defense Health Agency is responsible for overseeing this contract. Standard oversight mechanisms for delivery orders, including performance monitoring and compliance checks, should be in place to ensure service quality and adherence to contract terms.

Related Government Programs

  • General Medical and Surgical Hospitals
  • Department of Defense Contracting
  • Defense Health Agency Programs

Risk Flags

  • Lack of detailed cost breakdown.
  • Unclear benchmark value ('br').
  • Absence of specified performance metrics.
  • Potential for sole-source if follow-on contracts are not competed.

Tags

general-medical-and-surgical-hospitals, department-of-defense, md, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $10.0 million to MAGNIFICUS CORPORATION. MEDICAL Q-CODED NURSING SERVICES AT WALTER REED NATIONAL MILITARY MEDICAL CENTER

Who is the contractor on this award?

The obligated recipient is MAGNIFICUS CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Health Agency).

What is the total obligated amount?

The obligated amount is $10.0 million.

What is the period of performance?

Start: 2023-04-01. End: 2026-03-31.

What is the specific breakdown of nursing roles and associated costs within this contract?

The provided data does not detail the specific breakdown of nursing roles (e.g., RNs, LPNs, specialists) or their associated costs. This level of detail is typically found within the contract's statement of work and pricing structure. Understanding this breakdown is crucial for assessing the value and efficiency of the awarded services.

How does the per-unit cost of nursing hours compare to market rates for similar services in the Maryland region?

Without specific per-unit cost data (e.g., hourly rates for different nursing grades), a direct comparison to market rates is not possible. The benchmark 'br' value of 9173 is not clearly defined in the provided context. A thorough analysis would require obtaining the detailed pricing schedule to compare against regional healthcare staffing benchmarks.

What performance metrics are being used to evaluate the effectiveness of Magnificus Corporation's nursing services?

The provided data does not specify the performance metrics or Key Performance Indicators (KPIs) used to evaluate the effectiveness of the nursing services. Effective oversight typically involves tracking metrics related to patient care quality, staff availability, response times, and adherence to protocols. These metrics should be clearly defined in the contract's performance work statement.

Industry Classification

NAICS: Health Care and Social AssistanceGeneral Medical and Surgical HospitalsGeneral Medical and Surgical Hospitals

Product/Service Code: MEDICAL SERVICESNURSING, NURSING HOME, EVAL/SCREEN

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: HT005016R0001

Offers Received: 15

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 9500 ANNAPOLIS RD STE A7, LANHAM, MD, 20706

Business Categories: Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $11,657,406

Exercised Options: $11,657,406

Current Obligation: $10,044,650

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: HT005018D0033

IDV Type: IDC

Timeline

Start Date: 2023-04-01

Current End Date: 2026-03-31

Potential End Date: 2026-03-31 00:00:00

Last Modified: 2025-12-22

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