VA Awards $3.3M for Get Well Network Software to Fedstore Corporation

Contract Overview

Contract Amount: $3,316,285 ($3.3M)

Contractor: Fedstore Corporation

Awarding Agency: Department of Veterans Affairs

Start Date: 2023-08-04

End Date: 2026-11-30

Contract Duration: 1,214 days

Daily Burn Rate: $2.7K/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: GET WELL NETWORK SOFTWARE

Place of Performance

Location: ROCKVILLE, MONTGOMERY County, MARYLAND, 20850

State: Maryland Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $3.3 million to FEDSTORE CORPORATION for work described as: GET WELL NETWORK SOFTWARE Key points: 1. The contract is for 'Other Computer Related Services' with a significant value of $3.3 million. 2. Fedstore Corporation is the sole awardee, raising questions about competition. 3. The contract duration is over three years, indicating a long-term need. 4. The pricing is fixed, providing cost certainty for the VA.

Value Assessment

Rating: fair

The contract value of $3.3 million for 'Other Computer Related Services' needs to be benchmarked against similar software and IT service contracts. Without specific per-unit cost data, a precise assessment is difficult, but the overall value suggests a substantial investment.

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 have restricted the pool of potential bidders and could impact price discovery, potentially leading to higher costs than a fully open competition.

Taxpayer Impact: Taxpayer funds are being used for this software procurement. The limited competition raises concerns about whether the best possible price was achieved, impacting the overall value for taxpayers.

Public Impact

Veterans may experience improved healthcare services through the Get Well Network software. The use of a limited competition could mean fewer innovative solutions were considered. The $3.3 million expenditure represents a significant investment in IT infrastructure for the VA.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition
Lack of specific per-unit cost data for benchmarking

Positive Signals

Firm fixed price contract provides cost certainty
Long-term contract duration ensures sustained service

Sector Analysis

The IT services sector is highly competitive, with numerous providers offering similar solutions. The benchmark for 'Other Computer Related Services' can vary widely based on the specific nature of the service and the vendor's expertise. This contract falls within the broader IT services category.

Small Business Impact

There is no indication in the provided data whether 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. The 'exclusion of sources' clause in the competition method warrants scrutiny to ensure proper justification and adherence to procurement regulations.

Related Government Programs

Other Computer Related Services
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Limited competition may result in higher costs.
Lack of transparency regarding the exclusion of sources.
Potential for vendor lock-in due to specialized software.
Need for robust performance monitoring to ensure value for money.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $3.3 million to FEDSTORE CORPORATION. GET WELL NETWORK SOFTWARE

Who is the contractor on this award?

The obligated recipient is FEDSTORE CORPORATION.

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 $3.3 million.

What is the period of performance?

Start: 2023-08-04. End: 2026-11-30.

What was the specific justification for excluding other sources in this full and open competition?

The justification for excluding other sources in a 'full and open competition after exclusion of sources' typically involves specific circumstances, such as a need for compatibility with existing systems, unique capabilities of the awarded vendor, or a prior relationship that streamlines implementation. Without the detailed justification document, it's difficult to ascertain the precise reasoning, but it implies a deliberate decision to limit the bidding pool based on predefined criteria.

How does the $3.3 million contract value compare to industry benchmarks for similar 'Other Computer Related Services' over a 3-year period?

Benchmarking this $3.3 million contract requires detailed analysis of similar contracts for 'Other Computer Related Services' with comparable scope, duration, and vendor capabilities. Factors like software licensing, implementation, maintenance, and support costs vary significantly. A preliminary assessment suggests this is a substantial investment, and without specific per-unit cost data or detailed service breakdowns, it's challenging to definitively state if it aligns with or deviates from typical industry benchmarks.

What are the key performance indicators (KPIs) for the Get Well Network software, and how will their achievement be measured?

Key performance indicators for the Get Well Network software would likely focus on aspects such as system uptime, response times, user satisfaction, data security compliance, and the successful integration with existing VA healthcare systems. The contract's effectiveness will be measured by the VA's ability to track these KPIs through regular reporting, performance reviews, and user feedback mechanisms. The firm fixed-price nature suggests that meeting these performance standards is crucial for the contractor to achieve full payment.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1 RESEARCH CT STE 450, ROCKVILLE, MD, 20850

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $4,253,431

Exercised Options: $3,316,285

Current Obligation: $3,316,285

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SD21B

IDV Type: GWAC

Timeline