NIH awards $10.7M to Ohio State University for R&D in Physical, Engineering, and Life Sciences

Contract Overview

Contract Amount: $10,723,436 ($10.7M)

Contractor: Ohio State University Research Foundation, the

Awarding Agency: Department of Health and Human Services

Start Date: 2002-07-15

End Date: 2012-07-14

Contract Duration: 3,652 days

Daily Burn Rate: $2.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 11

Pricing Type: COST NO FEE

Sector: R&D

Place of Performance

Location: COLUMBUS, FRANKLIN County, OHIO, 43210, UNITED STATES OF AMERICA

State: Ohio Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $10.7 million to OHIO STATE UNIVERSITY RESEARCH FOUNDATION, THE for work described as: Key points: 1. Significant award for a single entity, indicating a focused research effort. 2. Competition method is 'FULL AND OPEN', suggesting a broad search for qualified bidders. 3. The award spans 10 years, implying a long-term, substantial project. 4. The 'COST NO FEE' contract type suggests reimbursement of allowable costs without profit. 5. The award is for R&D in a critical scientific sector.

Value Assessment

Rating: fair

The contract type 'COST NO FEE' is unusual for R&D and typically covers only direct costs. Without profit, it may not incentivize maximum efficiency. Benchmarking is difficult without specific deliverables and profit margins.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, which is generally good for price discovery. However, the 'COST NO FEE' structure might limit the competitive pressure on cost efficiency compared to fixed-price contracts.

Taxpayer Impact: Taxpayer funds are directed towards research, with the cost structure potentially impacting overall value for money due to the absence of profit incentive.

Public Impact

Supports scientific advancement in physical, engineering, and life sciences. Funds research conducted by a major university, contributing to academic and economic development. Long-term funding allows for sustained research progress and potential breakthroughs.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This award 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 typically seen in areas like NIH grants.

Small Business Impact

This award was made to a university research foundation, not a small business. There is no indication of small business participation or subcontracting within this award.

Oversight & Accountability

The 'COST NO FEE' contract type requires careful monitoring of allowable costs to ensure taxpayer funds are used appropriately. The long duration necessitates ongoing oversight to track progress and manage potential changes.

Related Government Programs

Risk Flags

Tags

research-and-development-in-the-physical, department-of-health-and-human-services, oh, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $10.7 million to OHIO STATE UNIVERSITY RESEARCH FOUNDATION, THE. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is OHIO STATE UNIVERSITY RESEARCH FOUNDATION, THE.

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 $10.7 million.

What is the period of performance?

Start: 2002-07-15. End: 2012-07-14.

What is the specific research objective and expected outcome of this $10.7M award?

The specific research objective and expected outcomes are not detailed in the provided data. However, the NAICS code 541710 indicates research and development in the physical, engineering, and life sciences. Further details would require accessing the contract's statement of work or related documentation.

How does the 'COST NO FEE' contract type impact the risk of cost overruns compared to other contract types?

The 'COST NO FEE' contract type shifts most of the financial risk to the government, as it reimburses allowable costs without a profit incentive for the contractor. This can increase the risk of cost overruns if not meticulously monitored, as the contractor has less direct financial incentive to control expenses.

What is the long-term effectiveness measure for this extensive 10-year research grant?

Effectiveness for such a long-term research grant is typically measured by milestones achieved, scientific publications, patents, and the potential for the research to lead to practical applications or further advancements in the field. Regular reviews and progress reports would be essential to assess ongoing effectiveness.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life Sciences

Product/Service Code: RESEARCH AND DEVELOPMENTN – Health R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 11

Pricing Type: COST NO FEE (S)

Contractor Details

Address: 1960 KENNY RD, COLUMBUS, OH, 43210

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

Financial Breakdown

Contract Ceiling: $27,351,829

Exercised Options: $19,979,015

Current Obligation: $10,723,436

Timeline

Start Date: 2002-07-15

Current End Date: 2012-07-14

Potential End Date: 2014-10-14 00:00:00

Last Modified: 2016-09-13

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