DoD's $5.3M Contract for Physicians at NMCP Awarded to Magnificus Corp
Contract Overview
Contract Amount: $5,332,438 ($5.3M)
Contractor: Magnificus Corporation
Awarding Agency: Department of Defense
Start Date: 2023-12-01
End Date: 2026-11-30
Contract Duration: 1,095 days
Daily Burn Rate: $4.9K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 10
Pricing Type: FIRM FIXED PRICE
Sector: Healthcare
Official Description: PHYSICIANS IN SUPPORT OF NAVAL MEDICAL CENTER PORTSMOUTH (NMCP), VA
Place of Performance
Location: PORTSMOUTH, PORTSMOUTH CITY County, VIRGINIA, 23708
State: Virginia Government Spending
Plain-Language Summary
Department of Defense obligated $5.3 million to MAGNIFICUS CORPORATION for work described as: PHYSICIANS IN SUPPORT OF NAVAL MEDICAL CENTER PORTSMOUTH (NMCP), VA Key points: 1. Contract value is $5.33M over 3 years. 2. Magnificus Corporation is the sole awardee. 3. Risk is moderate due to single-source nature. 4. Spending falls within the Defense Health Agency sector.
Value Assessment
Rating: fair
The contract value of $5.33M over three years for physician support services appears reasonable given the specialized nature of medical staffing. Benchmarking against similar contracts for medical personnel at naval facilities would provide a clearer picture of value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was awarded under 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES,' indicating a limited competition. This method may impact price discovery, potentially leading to higher costs than a fully open process.
Taxpayer Impact: Taxpayer funds are utilized for essential medical services at a naval medical center. The limited competition raises questions about achieving the best possible price for these services.
Public Impact
Ensures continued medical staffing at a key naval facility. Supports the health and readiness of naval personnel. Potential for increased costs due to limited competition.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition may inflate costs.
- Sole awardee could reduce future competitive pressure.
Positive Signals
- Provides essential medical services.
- Supports military readiness.
Sector Analysis
This contract falls under the Defense Health Agency sector, which focuses on providing healthcare services to military personnel and their families. Spending benchmarks for medical staffing contracts within DoD are typically high due to specialized skills and operational requirements.
Small Business Impact
The data indicates that small business participation was not a factor in this award, as the 'sb' field is false. Further analysis would be needed to determine if opportunities for small businesses were overlooked or if the nature of the services precluded their involvement.
Oversight & Accountability
The contract was awarded by the Department of Defense's Defense Health Agency. Oversight would involve monitoring contract performance, ensuring quality of services, and verifying adherence to terms and conditions to ensure accountability.
Related Government Programs
- General Medical and Surgical Hospitals
- Department of Defense Contracting
- Defense Health Agency Programs
Risk Flags
- Limited competition
- Potential for cost overruns
- Lack of small business participation
- Sole awardee
Tags
general-medical-and-surgical-hospitals, department-of-defense, va, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $5.3 million to MAGNIFICUS CORPORATION. PHYSICIANS IN SUPPORT OF NAVAL MEDICAL CENTER PORTSMOUTH (NMCP), VA
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 $5.3 million.
What is the period of performance?
Start: 2023-12-01. End: 2026-11-30.
What is the justification for excluding other sources in the competition?
The justification for excluding other sources needs to be thoroughly reviewed. Typically, such exclusions are based on specific technical requirements, urgent needs, or unique capabilities that only a particular contractor can provide. Without this justification, it's difficult to assess if the limited competition was truly necessary or if it represents a missed opportunity for better pricing.
How does the pricing compare to similar contracts for physician services in other military medical facilities?
A comparative analysis of pricing against similar contracts for physician services at other military medical facilities is crucial. This benchmark would help determine if Magnificus Corporation's pricing is competitive or if it is inflated due to the limited competition. Variations in scope, duration, and location should be considered in such a comparison.
What are the performance metrics and quality assurance measures in place for this contract?
Understanding the performance metrics and quality assurance measures is vital to ensure the effectiveness of the contracted physician services. Robust oversight mechanisms, including regular performance reviews and patient satisfaction surveys, are necessary to guarantee that the services meet the high standards expected at a naval medical center.
Industry Classification
NAICS: Health Care and Social Assistance › General Medical and Surgical Hospitals › General Medical and Surgical Hospitals
Product/Service Code: MEDICAL SERVICES › MEDICAL, DENTAL, AND SURGICAL SVCS
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: 10
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: $7,608,202
Exercised Options: $5,332,438
Current Obligation: $5,332,438
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: HT005018D0033
IDV Type: IDC
Timeline
Start Date: 2023-12-01
Current End Date: 2026-11-30
Potential End Date: 2027-11-30 00:00:00
Last Modified: 2025-12-12
More Contracts from Magnificus Corporation
- Soldier Readiness Program Medical Support Services — $27.4M (Department of Defense)
- Dental Service, That Provides Dental Services to Eligible Beneficiaries of the Military Health Care System in Support of the Army Dental Health Activities for Performance Within the Continental United States (conus) — $15.6M (Department of Defense)
- Medical Q-Coded Nursing Services AT Walter Reed National Military Medical Center — $10.0M (Department of Defense)
- 61 FTE Healthcare Workers, Physicians, Dental, Ancillary, Nursing — $6.2M (Department of Defense)
- Soldier Readiness Program (SRP) Support Services — $4.3M (Department of Defense)
Other Department of Defense Contracts
- Federal Contract — $51.3B (Humana Government Business Inc)
- Lrip LOT 12 Advance Acquisition Contract — $35.1B (Lockheed Martin Corporation)
- SSN 802 and 803 Long Lead Time Material — $34.7B (Electric Boat Corporation)
- 200204!008532!1700!AF600 !naval AIR Systems Command !N0001902C3002 !A!N! !N! !20011026!20120430!008016958!008016958!834951691!n!lockheed Martin Corporation !lockheed Blvd !fort Worth !tx!76108!27000!439!48!fort Worth !tarrant !texas !+000026000000!n!n!018981928201!ac15!rdte/Aircraft-Eng/Manuf Develop !a1a!airframes and Spares !2ama!jast/Jsf !336411!E! !3! ! ! ! ! !99990909!B! ! !A! !a!n!r!2!002!n!1a!a!n!z! ! !N!C!N! ! ! !a!a!a!a!000!a!c!n! ! ! !Y! !N00019!0001! — $34.2B (Lockheed Martin Corporation)
- KC-X Modernization Program — $32.0B (THE Boeing Company)