VA awards $91.4M for LSMS TRIPLE QUAD, Agilent Technologies Inc. wins contract
Contract Overview
Contract Amount: $91,367 ($91.4K)
Contractor: Agilent Technologies Inc
Awarding Agency: Department of Veterans Affairs
Start Date: 2024-07-01
End Date: 2027-06-30
Contract Duration: 1,094 days
Daily Burn Rate: $84/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Healthcare
Official Description: LSMS TRIPLE QUAD
Place of Performance
Location: SEVEN HILLS, CUYAHOGA County, OHIO, 44131
State: Ohio Government Spending
Plain-Language Summary
Department of Veterans Affairs obligated $91,366.56 to AGILENT TECHNOLOGIES INC for work described as: LSMS TRIPLE QUAD Key points: 1. Contract awarded to Agilent Technologies Inc. for analytical laboratory instruments. 2. Significant award value of $91.4 million over a 3-year period. 3. Competition method is 'FULL AND OPEN COMPETITION', suggesting market availability. 4. Sector is Analytical Laboratory Instrument Manufacturing, crucial for healthcare and research.
Value Assessment
Rating: good
The award value of $91.4M for a 3-year contract appears reasonable given the specialized nature of analytical laboratory instruments. Benchmarking against similar complex instrumentation contracts 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, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives fair market value.
Taxpayer Impact: The use of full and open competition is expected to result in a taxpayer-favorable price by leveraging market forces.
Public Impact
Supports critical laboratory functions within the Department of Veterans Affairs. Ensures access to advanced analytical instrumentation for medical testing and research. Potential impact on patient care through timely and accurate diagnostic results.
Waste & Efficiency Indicators
Waste Risk Score: 84 / 10
Positive Signals
- Full and open competition utilized.
- Contract awarded to a known industry player.
- Clear delivery period and end date.
Sector Analysis
The Analytical Laboratory Instrument Manufacturing sector is highly specialized, with significant R&D investment. Spending in this area supports advancements in medical diagnostics, scientific research, and quality control across various industries.
Small Business Impact
The data does not indicate any specific set-asides for small businesses. Further analysis would be needed to determine if small businesses were excluded or had an opportunity to participate in this procurement.
Oversight & Accountability
The Department of Veterans Affairs is responsible for oversight of this contract. Standard procurement regulations and contract management practices should ensure accountability and performance.
Related Government Programs
- Analytical Laboratory Instrument Manufacturing
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Potential for vendor lock-in on specialized equipment.
- Lack of small business participation noted.
- Need for detailed performance metrics to ensure value.
Tags
analytical-laboratory-instrument-manufac, department-of-veterans-affairs, oh, delivery-order, under-100k
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $91,366.56 to AGILENT TECHNOLOGIES INC. LSMS TRIPLE QUAD
Who is the contractor on this award?
The obligated recipient is AGILENT TECHNOLOGIES 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 $91,366.56.
What is the period of performance?
Start: 2024-07-01. End: 2027-06-30.
What is the specific function of the LSMS TRIPLE QUAD and how does it contribute to VA healthcare?
The LSMS TRIPLE QUAD is an analytical laboratory instrument. While specific details are not provided, such instruments are typically used for precise measurement and analysis of biological, chemical, or physical samples. Within the VA, it likely supports diagnostic testing, medical research, or quality control of medical supplies, ultimately contributing to patient care and health outcomes.
Are there any potential risks associated with relying on a single vendor for this type of specialized equipment?
While awarded under full and open competition, the specific awardee is Agilent Technologies Inc. Risks could include vendor lock-in for future maintenance, upgrades, or consumables, potentially leading to higher long-term costs. Dependence on a single source for critical equipment may also pose supply chain risks if the vendor experiences production or delivery issues.
How does the firm fixed price contract structure benefit the VA and taxpayers?
A firm fixed price (FFP) contract structure benefits the VA and taxpayers by establishing a ceiling on the total cost of the contract. This shifts the risk of cost overruns from the government to the contractor. It provides budget certainty and predictability, making it easier for the VA to manage its finances and ensuring that the final price paid does not exceed the agreed-upon amount.
Industry Classification
NAICS: Manufacturing › Navigational, Measuring, Electromedical, and Control Instruments Manufacturing › Analytical Laboratory Instrument 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: Agilent Technologies, Inc.
Address: 2850 CENTERVILLE RD, WILMINGTON, DE, 19808
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $182,733
Exercised Options: $91,367
Current Obligation: $91,367
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: GS07F0564X
IDV Type: FSS
Timeline
Start Date: 2024-07-01
Current End Date: 2027-06-30
Potential End Date: 2028-06-30 00:00:00
Last Modified: 2026-04-08
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