VA Awards $3.9M for Healthcare Tech Management to V3GATE, LLC

Contract Overview

Contract Amount: $3,912,521 ($3.9M)

Contractor: V3gate, LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2021-09-22

End Date: 2025-11-21

Contract Duration: 1,521 days

Daily Burn Rate: $2.6K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: HEALTHCARE TECHNOLOGY MANAGEMENT LAUREL BRIDGE COMPASS ROUTERS

Place of Performance

Location: COLORADO SPRINGS, EL PASO County, COLORADO, 80921

State: Colorado Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $3.9 million to V3GATE, LLC for work described as: HEALTHCARE TECHNOLOGY MANAGEMENT LAUREL BRIDGE COMPASS ROUTERS Key points: 1. Contract awarded to V3GATE, LLC for $3.91M. 2. Competition method was 'Full and Open Competition After Exclusion of Sources'. 3. The contract is for Healthcare Technology Management services. 4. The period of performance is from September 22, 2021, to November 21, 2025. 5. The contract type is Firm Fixed Price.

Value Assessment

Rating: good

The contract value of $3.91M over approximately 4 years appears reasonable for specialized healthcare technology management services. Benchmarking against similar contracts for IT management within the VA or other federal agencies would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which generally promotes competitive pricing. The 'after exclusion of sources' clause suggests a specific justification for limiting initial bidders, but the overall competition framework is positive for price discovery.

Taxpayer Impact: The use of full and open competition aims to secure the best value for taxpayers by encouraging multiple bids and potentially lower prices.

Public Impact

Ensures continuity of critical healthcare technology management for veterans. Supports the Department of Veterans Affairs' mission to provide healthcare services. Potential for improved efficiency and reliability of medical equipment and systems. The contract duration of over 4 years provides stability for service delivery.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT services sector, specifically focusing on technology management within healthcare. Spending benchmarks for IT services can vary widely, but contracts of this size for specialized management are common within large federal agencies like the VA.

Small Business Impact

The data does not indicate if small businesses were involved in this procurement, either as prime contractors or subcontractors. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Robust oversight mechanisms, including performance reviews and regular reporting, are crucial to ensure the contractor meets performance expectations and delivers value.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, department-of-veterans-affairs, co, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $3.9 million to V3GATE, LLC. HEALTHCARE TECHNOLOGY MANAGEMENT LAUREL BRIDGE COMPASS ROUTERS

Who is the contractor on this award?

The obligated recipient is V3GATE, LLC.

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $3.9 million.

What is the period of performance?

Start: 2021-09-22. End: 2025-11-21.

What specific healthcare technology management services are included in this contract?

The contract details are limited, but 'Healthcare Technology Management' typically encompasses the lifecycle management of medical devices and IT systems used in healthcare settings. This includes acquisition, deployment, maintenance, repair, inventory management, and eventual disposal, ensuring operational efficiency and patient safety.

What are the primary risks associated with this contract for the VA?

Key risks include potential vendor lock-in if not managed carefully, the possibility of service disruptions if the vendor underperforms, and the risk of cost overruns if the scope of work expands without adequate controls. Ensuring strong contract management and performance metrics is vital to mitigate these risks.

How does this contract contribute to the VA's overall IT modernization efforts?

Effective healthcare technology management is foundational to IT modernization. By ensuring the reliable operation and maintenance of existing systems, this contract frees up VA resources to focus on adopting new technologies. It also provides a stable platform upon which future upgrades and innovations can be built.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesOther Computer Related Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT AND TELECOM - APLLICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 36C10B21Q0519

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 555 MIDDLE CREEK PKWY STE 120, COLORADO SPRINGS, CO, 80921

Business Categories: Category Business, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Partnership or Limited Liability Partnership, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $3,912,521

Exercised Options: $3,912,521

Current Obligation: $3,912,521

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SD27B

IDV Type: GWAC

Timeline

Start Date: 2021-09-22

Current End Date: 2025-11-21

Potential End Date: 2025-11-21 00:00:00

Last Modified: 2026-03-04

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