VA awards $1.58M for GE Imaging Equipment Maintenance to GE Precision Healthcare
Contract Overview
Contract Amount: $1,582,125 ($1.6M)
Contractor: GE Precision Healthcare LLC
Awarding Agency: Department of Veterans Affairs
Start Date: 2023-01-03
End Date: 2027-01-02
Contract Duration: 1,460 days
Daily Burn Rate: $1.1K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: Healthcare
Official Description: PREVENTIVE MAINTENANCE & REPAIR OF GE MEDICAL IMAGING EQUIPMENT
Place of Performance
Location: FAYETTEVILLE, WASHINGTON County, ARKANSAS, 72703
State: Arkansas Government Spending
Plain-Language Summary
Department of Veterans Affairs obligated $1.6 million to GE PRECISION HEALTHCARE LLC for work described as: PREVENTIVE MAINTENANCE & REPAIR OF GE MEDICAL IMAGING EQUIPMENT Key points: 1. Spending focuses on critical medical imaging equipment maintenance. 2. Sole provider GE Precision Healthcare LLC holds the contract. 3. Risk of higher costs due to limited competition. 4. IT/Healthcare sector spending for essential medical services.
Value Assessment
Rating: fair
The contract value of $1.58M over 4 years for preventive maintenance of GE imaging equipment appears reasonable given the specialized nature of the equipment and the provider. Benchmarking against similar contracts for specialized medical equipment maintenance is difficult without more data.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which is positive for price discovery. However, the specific awardee being the original equipment manufacturer (GE Precision Healthcare LLC) may still limit true competitive pressure.
Taxpayer Impact: Taxpayer funds are being used for essential healthcare services, ensuring the operational readiness of critical medical equipment. The competitive award process aims to secure fair pricing.
Public Impact
Ensures continued operation of vital medical imaging equipment for veterans. Supports healthcare delivery at VA facilities. Potential for cost savings through competitive bidding on specialized services.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Reliance on a single manufacturer for maintenance.
- Potential for price increases in future contract renewals.
Positive Signals
- Awarded under full and open competition.
- Supports critical healthcare infrastructure.
Sector Analysis
This contract falls within the healthcare sector, specifically for the maintenance of advanced medical imaging equipment. Spending benchmarks for such specialized services can vary widely based on equipment type and manufacturer.
Small Business Impact
This contract does not appear to directly benefit small businesses, as it is awarded to a large, established manufacturer. Opportunities for small businesses may lie in subcontracting roles, which are not detailed here.
Oversight & Accountability
The Department of Veterans Affairs is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms should ensure proper execution and accountability.
Related Government Programs
- Irradiation Apparatus Manufacturing
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Sole-source manufacturer dependency.
- Potential for price escalation.
- Limited visibility into detailed cost components.
- Lack of independent service provider competition.
Tags
irradiation-apparatus-manufacturing, department-of-veterans-affairs, ar, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $1.6 million to GE PRECISION HEALTHCARE LLC. PREVENTIVE MAINTENANCE & REPAIR OF 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 $1.6 million.
What is the period of performance?
Start: 2023-01-03. End: 2027-01-02.
What is the specific breakdown of maintenance tasks and associated costs within this contract?
The contract details the preventive maintenance and repair of GE medical imaging equipment. A precise breakdown of tasks and their allocated costs is not provided in the summary data. Further analysis would require access to the full contract to understand the scope of services, labor hours, parts, and any associated fees, which would allow for a more granular assessment of value for money.
What was the competitive landscape during the bidding process for this contract?
The contract was awarded under 'full and open competition.' However, the awardee is GE Precision Healthcare LLC, the original equipment manufacturer. This suggests that while multiple bidders may have been eligible, the OEM's unique expertise or market position might have influenced the outcome, potentially limiting the depth of price competition compared to a scenario with multiple independent service providers.
How does the per-unit cost of this maintenance contract compare to industry benchmarks for similar GE equipment?
Without specific per-unit cost data (e.g., cost per machine, cost per service hour) and detailed information on the specific GE imaging equipment models covered, a direct comparison to industry benchmarks is not feasible. The provided data lacks the granularity to assess if the $1.58M contract represents cost-effective pricing relative to market rates for similar maintenance services.
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
Solicitation ID: 36C25623Q0097
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: $2,365,868
Exercised Options: $1,582,125
Current Obligation: $1,582,125
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: 2023-01-03
Current End Date: 2027-01-02
Potential End Date: 2028-01-02 00:00:00
Last Modified: 2026-04-03
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