DoD Awards $6.25M for 61 Healthcare FTEs to Magnificus Corp, Serving Nebraska

Contract Overview

Contract Amount: $6,249,071 ($6.2M)

Contractor: Magnificus Corporation

Awarding Agency: Department of Defense

Start Date: 2024-04-01

End Date: 2026-10-31

Contract Duration: 943 days

Daily Burn Rate: $6.6K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 7

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: 61 FTE HEALTHCARE WORKERS, PHYSICIANS, DENTAL, ANCILLARY, NURSING

Place of Performance

Location: OFFUTT AFB, SARPY County, NEBRASKA, 68113

State: Nebraska Government Spending

Plain-Language Summary

Department of Defense obligated $6.2 million to MAGNIFICUS CORPORATION for work described as: 61 FTE HEALTHCARE WORKERS, PHYSICIANS, DENTAL, ANCILLARY, NURSING Key points: 1. Contract value of $6.25M for 61 FTEs across various healthcare roles. 2. Competition was full and open after exclusion of sources, suggesting a competitive process. 3. Risk appears moderate given the fixed-price contract type and established duration. 4. Healthcare sector spending is significant, with this contract falling under Defense Health Agency.

Value Assessment

Rating: good

The contract value of $6.25M for 61 FTEs averages to approximately $102,443 per FTE. This appears reasonable for healthcare professionals, especially considering the mix of physicians, nurses, and ancillary staff.

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. This method generally promotes price discovery and competition, aiming for the best value.

Taxpayer Impact: Taxpayer funds are being used for essential healthcare services within the Department of Defense, supporting military personnel and their families.

Public Impact

Ensures critical healthcare services for military personnel and their families. Supports the operational readiness of the Defense Health Agency. Provides employment opportunities for healthcare professionals in Nebraska.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for cost overruns if staffing needs exceed initial projections.
  • Dependence on Magnificus Corporation for consistent quality of care.

Positive Signals

  • Addresses a critical need for healthcare personnel.
  • Utilizes a competitive bidding process.
  • Fixed-price contract can help control costs.

Sector Analysis

This contract falls within the healthcare sector, specifically supporting military medical services under the Defense Health Agency. Benchmarks for healthcare staffing contracts vary widely based on specialization and location.

Small Business Impact

The data does not indicate whether small businesses were involved in this contract award, either as prime contractors or subcontractors.

Oversight & Accountability

The contract is a delivery order under a larger agreement, suggesting some level of pre-qualification. Oversight would focus on performance metrics and adherence to service level agreements.

Related Government Programs

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

Risk Flags

  • Potential for staffing shortages if recruitment is challenging.
  • Risk of service disruption if the contractor fails to meet performance standards.
  • Dependence on a single contractor for critical healthcare functions.
  • Uncertainty regarding the specific skill mix and its alignment with actual needs.

Tags

general-medical-and-surgical-hospitals, department-of-defense, ne, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $6.2 million to MAGNIFICUS CORPORATION. 61 FTE HEALTHCARE WORKERS, PHYSICIANS, DENTAL, ANCILLARY, NURSING

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 $6.2 million.

What is the period of performance?

Start: 2024-04-01. End: 2026-10-31.

What is the specific breakdown of the 61 FTEs by role (physician, nurse, dental, etc.) and how does this impact the overall cost-effectiveness?

The provided data lists 'HEALTHCARE WORKERS, PHYSICIANS, DENTAL, ANCILLARY, NURSING' but lacks a specific breakdown. A detailed breakdown is crucial for assessing cost-effectiveness, as physician and specialized nursing roles command higher salaries than general ancillary staff. Without this, the average cost per FTE is a broad estimate.

What were the key factors considered during the 'exclusion of sources' phase of the full and open competition, and did it limit potential cost savings?

The 'exclusion of sources' typically occurs when specific capabilities or prior performance are required, and only certain vendors can meet them. While it aims for specialized expertise, it can potentially limit the pool of bidders and thus the intensity of price competition compared to a completely unrestricted open competition.

How will the performance and quality of healthcare services provided by Magnificus Corporation be monitored to ensure effectiveness and patient satisfaction?

Performance monitoring will likely involve key performance indicators (KPIs) related to patient wait times, patient outcomes, staff qualifications, and adherence to medical protocols. Regular reviews and feedback mechanisms from patients and military leadership will be essential to ensure the effectiveness and quality of the services.

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

Offers Received: 7

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: $21,614,165

Exercised Options: $14,041,123

Current Obligation: $6,249,071

Actual Outlays: $208,065

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: HT005018D0033

IDV Type: IDC

Timeline

Start Date: 2024-04-01

Current End Date: 2026-10-31

Potential End Date: 2027-04-30 00:00:00

Last Modified: 2025-12-04

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