VA Awards $1.1M for Bio Point Services to Four Points Technology, LLC
Contract Overview
Contract Amount: $111,164 ($111.2K)
Contractor: Four Points Technology, L.L.C.
Awarding Agency: Department of Veterans Affairs
Start Date: 2024-06-05
End Date: 2027-06-04
Contract Duration: 1,094 days
Daily Burn Rate: $102/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: BIO POINT SERVICE AGREEMENT
Place of Performance
Location: DALLAS, DALLAS County, TEXAS, 75251
State: Texas Government Spending
Plain-Language Summary
Department of Veterans Affairs obligated $111,164.28 to FOUR POINTS TECHNOLOGY, L.L.C. for work described as: BIO POINT SERVICE AGREEMENT Key points: 1. Contract awarded for 'Other Computer Related Services' under NAICS 541519. 2. Four Points Technology, LLC is the contractor for this firm-fixed-price agreement. 3. The contract spans over 1000 days, indicating a medium-term service requirement. 4. The award was made under full and open competition after exclusion of sources.
Value Assessment
Rating: good
The contract value of $1.1M over approximately three years appears reasonable for specialized IT services. Benchmarking against similar 'Other Computer Related Services' 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 after exclusion of sources, suggesting a competitive process was utilized. This method generally promotes price discovery and ensures fair market value.
Taxpayer Impact: The competitive nature of the award suggests taxpayers are likely receiving fair value for the services rendered.
Public Impact
Veterans may benefit from improved bio-related IT services. The contract supports a specific technology service provider, potentially impacting market dynamics. Transparency in the procurement process is maintained through competitive bidding.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific service details makes value assessment difficult.
- Potential for vendor lock-in if services are highly specialized.
Positive Signals
- Competitive award process.
- Clear contract duration and fixed-price structure.
Sector Analysis
This contract falls under IT services, specifically 'Other Computer Related Services'. The IT sector is a significant area of federal spending, with benchmarks varying widely based on service type and complexity.
Small Business Impact
The provided data does not indicate if small businesses were involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to determine small business participation.
Oversight & Accountability
The Department of Veterans Affairs is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms should ensure accountability and performance.
Related Government Programs
- Other Computer Related Services
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Service specificity not detailed.
- Potential for cybersecurity risks in IT services.
- Dependence on a single vendor for specialized services.
Tags
other-computer-related-services, department-of-veterans-affairs, tx, delivery-order, 100k-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $111,164.28 to FOUR POINTS TECHNOLOGY, L.L.C.. BIO POINT SERVICE AGREEMENT
Who is the contractor on this award?
The obligated recipient is FOUR POINTS TECHNOLOGY, L.L.C..
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 $111,164.28.
What is the period of performance?
Start: 2024-06-05. End: 2027-06-04.
What specific 'Bio Point Services' are being procured, and how do they align with VA's mission?
The specific nature of 'Bio Point Services' is not detailed in the provided data. These services likely relate to biological data management, analysis, or related IT infrastructure supporting the Department of Veterans Affairs' healthcare and research initiatives. Understanding the precise function is crucial for assessing their direct impact on veteran care and operational efficiency.
What are the key performance indicators (KPIs) for this service agreement, and how will performance be measured?
Key performance indicators are not specified in the provided contract data. Effective oversight would require clearly defined KPIs related to service uptime, data accuracy, response times, and user satisfaction. The VA's contracting officer should establish and monitor these metrics to ensure the contractor meets agreed-upon service levels and delivers value.
Are there any potential risks associated with the 'Other Computer Related Services' category that could impact service delivery or cost?
Risks in 'Other Computer Related Services' can include rapid technological obsolescence, cybersecurity vulnerabilities, and challenges in finding specialized personnel. Given the firm-fixed-price structure, the contractor bears the risk of cost overruns due to unforeseen technical issues. The VA should ensure robust cybersecurity clauses and contingency plans are in place.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Other Computer Related Services
Product/Service Code: MEDICAL SERVICES › SPECIALIZED TECHNICAL/ MEDICAL SUPPORT
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 13221 WOODLAND PARK RD, HERNDON, VA, 20171
Business Categories: Category Business, Limited Liability Corporation, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business
Financial Breakdown
Contract Ceiling: $231,861
Exercised Options: $231,861
Current Obligation: $111,164
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: NNG15SD22B
IDV Type: GWAC
Timeline
Start Date: 2024-06-05
Current End Date: 2027-06-04
Potential End Date: 2029-06-04 00:00:00
Last Modified: 2026-04-06
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