A. Pursuant to FAR 42.1203(H)(1), the Following IS a Summary of the Novation Agreement: on 1 January 2015, Valueoptions, Inc. Made a Capital Contribution to ITS Wholly-Owned Subsidiary, Valueoptions Federal Services, Inc., That Consisted of the Assets of Valueoptions, Inc. S Active Federal Contract Business. ALL of the Core Personnel, Facilities, and Equipment Used to Perform Valueoptions, Inc. S Federal Contracts Were Transferred to Valueoptions Federal Services, Inc. Included in the Transfer Were Accounts Receivable, Prepaid Expenses, Other Receivables, Leasehold Improvements, and Various Equipment and Software. Besides Transferring ALL of Their Federal Contracts to Valueoptions Federal Services, Inc., ALL Related Federal Subcontracts Were Transferred AS Well. a Copy of the List of Contracts Affected IS Attached to This Modification. B. Block 8 of Standard Form 30, Name and Address of Contractor, and Block 15A of Standard Form 33, Name and Address of Offeror, ARE Modified AS Follows: From: Valueoptions, Inc. 240 Corporate Boulevard Norfolk, VA 23502 Duns: 088192141 Cage Code: 3U2P7 TO: Valueoptions Federal Services, Inc. 240 Corporate Boulevard Norfolk, VA 23502 Duns: 088192141 Cage Code: 3U2P7 C. Except AS Provided Herein, ALL Terms and Conditions of the Contract Referenced in Item 10A , Remain Unchanged and in Full Force and Effect
Contract Overview
Contract Amount: $258,217,100 ($258.2M)
Contractor: Carelon Health Federal Services, Inc
Awarding Agency: Department of the Interior
Start Date: 2015-05-01
End Date: 2019-04-30
Contract Duration: 1,460 days
Daily Burn Rate: $176.9K/day
Official Description: IGF::OT::IGF A. PURSUANT TO FAR 42.1203(H)(1), THE FOLLOWING IS A SUMMARY OF THE NOVATION AGREEMENT: ON 1 JANUARY 2015, VALUEOPTIONS, INC. MADE A CAPITAL CONTRIBUTION TO ITS WHOLLY-OWNED SUBSIDIARY, VALUEOPTIONS FEDERAL SERVICES, INC., THAT CONSISTED OF THE ASSETS OF VALUEOPTIONS, INC. S ACTIVE FEDERAL CONTRACT BUSINESS. ALL OF THE CORE PERSONNEL, FACILITIES, AND EQUIPMENT USED TO PERFORM VALUEOPTIONS, INC. S FEDERAL CONTRACTS WERE TRANSFERRED TO VALUEOPTIONS FEDERAL SERVICES, INC. INCLUDED IN THE TRANSFER WERE ACCOUNTS RECEIVABLE, PREPAID EXPENSES, OTHER RECEIVABLES, LEASEHOLD IMPROVEMENTS, AND VARIOUS EQUIPMENT AND SOFTWARE. BESIDES TRANSFERRING ALL OF THEIR FEDERAL CONTRACTS TO VALUEOPTIONS FEDERAL SERVICES, INC., ALL RELATED FEDERAL SUBCONTRACTS WERE TRANSFERRED AS WELL. A COPY OF THE LIST OF CONTRACTS AFFECTED IS ATTACHED TO THIS MODIFICATION. B. BLOCK 8 OF STANDARD FORM 30, NAME AND ADDRESS OF CONTRACTOR, AND BLOCK 15A OF STANDARD FORM 33, NAME AND ADDRESS OF OFFEROR, ARE MODIFIED AS FOLLOWS: FROM: VALUEOPTIONS, INC. 240 CORPORATE BOULEVARD NORFOLK, VA 23502 DUNS: 088192141 CAGE CODE: 3U2P7 TO: VALUEOPTIONS FEDERAL SERVICES, INC. 240 CORPORATE BOULEVARD NORFOLK, VA 23502 DUNS: 088192141 CAGE CODE: 3U2P7 C. EXCEPT AS PROVIDED HEREIN, ALL TERMS AND CONDITIONS OF THE CONTRACT REFERENCED IN ITEM 10A , REMAIN UNCHANGED AND IN FULL FORCE AND EFFECT.
Place of Performance
Location: Virginia, 22209
State: Virginia Government Spending