VA awards GE Healthcare $3.86M for Multi-Mobility Equipment, ensuring advanced patient care solutions

Contract Overview

Contract Amount: $3,862,789 ($3.9M)

Contractor: GE Precision Healthcare LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2023-11-17

End Date: 2027-11-09

Contract Duration: 1,453 days

Daily Burn Rate: $2.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: GE HEALTHCARE MULTI-MOBILITY CONTRACT

Place of Performance

Location: CLEVELAND, CUYAHOGA County, OHIO, 44106

State: Ohio Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $3.9 million to GE PRECISION HEALTHCARE LLC for work described as: GE HEALTHCARE MULTI-MOBILITY CONTRACT Key points: 1. Contract value of $3.86M for essential medical equipment. 2. GE Healthcare is the sole awardee, indicating a specific supplier relationship. 3. Potential risk associated with single-source awards if competition was not fully explored. 4. Spending falls within the Irradiation Apparatus Manufacturing sector.

Value Assessment

Rating: fair

The contract value of $3.86M appears reasonable for specialized medical equipment. However, without specific unit pricing or comparison to similar VA contracts for this exact equipment, a definitive assessment of value for money is challenging.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. This method is generally expected to yield fair market prices, but the specific pricing outcomes require further analysis against benchmarks.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for necessary medical equipment.

Public Impact

Ensures VA facilities have access to advanced multi-mobility equipment for patient care. Supports veterans by providing necessary medical technology for rehabilitation and treatment. The award contributes to the operational readiness of VA healthcare services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of detailed unit cost data for benchmarking.
Potential for price creep if contract terms are not closely monitored.

Positive Signals

Awarded under full and open competition.
Supports critical healthcare needs for veterans.

Sector Analysis

This contract falls under the Irradiation Apparatus Manufacturing sector, which includes specialized equipment for medical imaging and treatment. Spending benchmarks for this niche sector are highly variable based on technology and specific applications.

Small Business Impact

The data does not indicate any specific provisions or awards made to small businesses under this contract, suggesting it was primarily awarded to a large, established vendor.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract to ensure delivery of goods and services meet the specified requirements and that pricing remains competitive throughout the contract period.

Related Government Programs

Irradiation Apparatus Manufacturing
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Lack of detailed pricing breakdown.
Limited information on specific equipment models.
No clear indication of small business participation.
Potential for vendor lock-in if follow-on procurements are not competitive.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $3.9 million to GE PRECISION HEALTHCARE LLC. GE HEALTHCARE MULTI-MOBILITY CONTRACT

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 $3.9 million.

What is the period of performance?

Start: 2023-11-17. End: 2027-11-09.

What specific types of multi-mobility equipment are included in this contract, and how do their features compare to commercially available alternatives?

The contract details do not specify the exact types of multi-mobility equipment. A comprehensive review would require access to the contract's statement of work and product specifications. Comparing features to commercial alternatives would involve market research to identify comparable models and their pricing, assessing if the VA secured advantageous terms.

Given the full and open competition, what was the range of bids received, and how did GE Healthcare's bid compare to the others?

Information regarding the number of bids received and the specific pricing of competing offers is not provided in the data. To assess this, one would need to consult the contract award file. Understanding the bid landscape is crucial for confirming that the competitive process effectively drove down costs and secured the best value for the government.

What is the projected impact of this equipment on patient treatment efficiency and veteran outcomes within the VA healthcare system?

The projected impact hinges on the specific functionalities of the multi-mobility equipment. If it enhances patient mobility, aids in rehabilitation, or improves diagnostic accuracy, it could lead to more efficient treatment pathways and better health outcomes for veterans. Quantifying this impact would require post-award performance monitoring and analysis of patient data.

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: $5,252,464

Exercised Options: $3,862,789

Current Obligation: $3,862,789

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