VA awards $3.5M for GE Medical Imaging Equipment Service Agreement under full and open competition
Contract Overview
Contract Amount: $3,539,941 ($3.5M)
Contractor: GE Precision Healthcare LLC
Awarding Agency: Department of Veterans Affairs
Start Date: 2022-04-01
End Date: 2027-03-31
Contract Duration: 1,825 days
Daily Burn Rate: $1.9K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Healthcare
Official Description: SERVICE AGREEMENT FOR GE MEDICAL IMAGING EQUIPMENT
Place of Performance
Location: COLUMBUS, FRANKLIN County, OHIO, 43219
State: Ohio Government Spending
Plain-Language Summary
Department of Veterans Affairs obligated $3.5 million to GE PRECISION HEALTHCARE LLC for work described as: SERVICE AGREEMENT FOR GE MEDICAL IMAGING EQUIPMENT Key points: 1. The contract is for service agreement on GE medical imaging equipment. 2. GE Precision Healthcare LLC is the contractor. 3. The Department of Veterans Affairs is the awarding and servicing agency. 4. The contract was awarded under full and open competition. 5. The contract has a firm fixed price type.
Value Assessment
Rating: good
The contract value of $3.54 million over five years appears reasonable for a service agreement on specialized medical imaging equipment. Benchmarking against similar service contracts for GE equipment would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded through full and open competition, indicating a robust price discovery process. This method generally leads to competitive pricing as multiple vendors had the opportunity to bid.
Taxpayer Impact: The use of full and open competition suggests that taxpayers are likely receiving a fair price for the services rendered, maximizing value for money.
Public Impact
Ensures continued operation and maintenance of critical medical imaging equipment for veterans. Supports the Department of Veterans Affairs' healthcare mission by providing reliable diagnostic tools. Potential for improved patient care through timely equipment servicing and reduced downtime.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- No small business participation noted.
- Contract duration is relatively long (5 years).
Positive Signals
- Awarded under full and open competition.
- Firm fixed price contract type provides cost certainty.
Sector Analysis
This contract falls within the healthcare sector, specifically related to medical equipment maintenance. Spending benchmarks for similar service agreements can vary significantly based on equipment type, age, and service level agreements.
Small Business Impact
The data indicates that this contract was not awarded to small businesses (ss: false, sb: false). Further analysis would be needed to determine if small businesses were excluded or if the nature of the service did not lend itself to small business participation.
Oversight & Accountability
The Department of Veterans Affairs is both the awarding and servicing agency, suggesting direct oversight. The use of a delivery order under a larger contract framework implies adherence to established procurement procedures.
Related Government Programs
- Irradiation Apparatus Manufacturing
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Lack of small business participation.
- Long contract duration may limit future competitive opportunities.
- No explicit mention of performance metrics or SLAs in summary data.
- Potential for vendor lock-in with specialized equipment service.
Tags
irradiation-apparatus-manufacturing, department-of-veterans-affairs, oh, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $3.5 million to GE PRECISION HEALTHCARE LLC. SERVICE AGREEMENT FOR GE MEDICAL IMAGING EQUIPMENT
Who is the contractor on this award?
The obligated recipient is GE PRECISION HEALTHCARE 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 $3.5 million.
What is the period of performance?
Start: 2022-04-01. End: 2027-03-31.
What is the specific scope of services covered by this agreement, and how does it compare to industry standards for similar equipment?
The provided data does not detail the specific scope of services. A comprehensive analysis would require reviewing the contract's statement of work to understand what maintenance, repairs, and support are included. Comparing this to industry standards for GE medical imaging equipment would reveal if the scope is typical or if it includes premium services that might justify the price.
Are there any performance metrics or service level agreements (SLAs) in place to ensure the quality and timeliness of the service provided by GE Precision Healthcare LLC?
The contract details do not explicitly mention performance metrics or SLAs. However, for a service agreement of this nature and duration, it is highly probable that such clauses are included within the full contract documentation. These would be crucial for the VA to monitor GE's performance and ensure the equipment remains operational.
What is the historical spending pattern for similar service agreements by the VA or other federal agencies, and how does this award compare?
Without historical data specific to this type of GE equipment service agreement across federal agencies, a direct comparison is difficult. However, the $3.54 million award over five years suggests an average annual cost of approximately $708,000. This figure should be benchmarked against prior VA contracts for similar equipment or against GSA schedules if applicable.
Industry Classification
NAICS: Manufacturing › Navigational, Measuring, Electromedical, and Control Instruments Manufacturing › Irradiation Apparatus Manufacturing
Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENT › MAINT, REPAIR, REBUILD OF EQUIPMENT
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: MIM Software Inc.
Address: 3000 NORTH GRANDVIEW BOULEVARD, WAUKESHA, WI, 53188
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $4,836,258
Exercised Options: $4,836,258
Current Obligation: $3,539,941
Contract Characteristics
Multi-Year Contract: Yes
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: VA797H17D0024
IDV Type: IDC
Timeline
Start Date: 2022-04-01
Current End Date: 2027-03-31
Potential End Date: 2027-03-31 00:00:00
Last Modified: 2026-04-02
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