VA Awards $5.7M Prescription Eyeglass Contract to PDS Consultants, Inc

Contract Overview

Contract Amount: $5,709,064 ($5.7M)

Contractor: PDS Consultants, Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-10-01

End Date: 2025-09-30

Contract Duration: 364 days

Daily Burn Rate: $15.7K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: PRESCRIPTION EYEGLASS CONTRACT - OPTION 4 DOTO

Place of Performance

Location: NASHVILLE, DAVIDSON County, TENNESSEE, 37212

State: Tennessee Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $5.7 million to PDS CONSULTANTS, INC for work described as: PRESCRIPTION EYEGLASS CONTRACT - OPTION 4 DOTO Key points: 1. Contract value of $5,709,064 for prescription eyeglasses. 2. Competition type: Full and Open Competition after Exclusion of Sources. 3. Risk: Moderate, given the specific nature of ophthalmic goods manufacturing. 4. Sector: Healthcare (Ophthalmic Goods Manufacturing).

Value Assessment

Rating: good

The contract's fixed price structure suggests a clear understanding of costs. Benchmarking against similar VA contracts for ophthalmic goods would provide further insight into pricing efficiency.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The 'Full and Open Competition after Exclusion of Sources' indicates a competitive process was used, but with specific criteria. This method aims for best value while ensuring fair opportunity.

Taxpayer Impact: The competitive nature of the award is expected to yield a fair price for taxpayers.

Public Impact

Veterans will receive prescription eyeglasses, directly impacting their vision and quality of life. The contract supports the Department of Veterans Affairs' mission to provide comprehensive healthcare. This award ensures a supply chain for essential medical equipment for a critical demographic.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the healthcare sector, specifically ophthalmic goods manufacturing. Spending benchmarks for similar VA contracts would help assess if this award is competitive.

Small Business Impact

The data does not indicate if small businesses were involved in this specific award. Further analysis would be needed to determine small business participation.

Oversight & Accountability

The Department of Veterans Affairs is responsible for oversight. Contract performance will be monitored to ensure delivery and quality standards are met.

Related Government Programs

Risk Flags

Tags

ophthalmic-goods-manufacturing, department-of-veterans-affairs, tn, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $5.7 million to PDS CONSULTANTS, INC. PRESCRIPTION EYEGLASS CONTRACT - OPTION 4 DOTO

Who is the contractor on this award?

The obligated recipient is PDS CONSULTANTS, INC.

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 $5.7 million.

What is the period of performance?

Start: 2024-10-01. End: 2025-09-30.

What is the historical pricing trend for similar prescription eyeglass contracts awarded by the VA?

Analyzing historical pricing data for comparable prescription eyeglass contracts awarded by the VA is crucial for assessing value. This includes examining contract values, quantities, and any adjustments made over time. Understanding past price points and trends will help determine if the current $5.7 million award represents a fair market price or if there are opportunities for cost savings in future solicitations.

What are the specific criteria used in the 'Exclusion of Sources' for this full and open competition?

The 'Exclusion of Sources' in a full and open competition typically refers to specific technical requirements, past performance, or unique capabilities that limit the pool of eligible bidders. For prescription eyeglasses, this could involve specialized manufacturing processes, adherence to strict quality control standards, or demonstrated experience with VA-specific needs. Understanding these criteria is key to evaluating the fairness and effectiveness of the competition.

How will the effectiveness of this contract be measured in terms of veteran satisfaction and timely delivery?

Effectiveness will be measured through key performance indicators (KPIs) such as on-time delivery rates, defect rates for manufactured eyeglasses, and potentially veteran satisfaction surveys. The VA will likely track adherence to the contract's delivery schedule and quality specifications. Regular performance reviews with PDS Consultants, Inc. will be essential to address any issues and ensure the contract meets its objectives for providing quality eyewear to veterans.

Industry Classification

NAICS: ManufacturingMedical Equipment and Supplies ManufacturingOphthalmic Goods Manufacturing

Product/Service Code: MEDICAL/DENTAL/VETERINARY EQPT/SUPP

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 22 RAINBOW TRL, SPARTA, NJ, 07871

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

Financial Breakdown

Contract Ceiling: $5,709,064

Exercised Options: $5,709,064

Current Obligation: $5,709,064

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 36C24920D0032

IDV Type: IDC

Timeline

Start Date: 2024-10-01

Current End Date: 2025-09-30

Potential End Date: 2025-09-30 00:00:00

Last Modified: 2026-03-26

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