VA Awards $3.77M Radiology Services Contract to University of New Mexico for Resident Training
Contract Overview
Contract Amount: $3,769,275 ($3.8M)
Contractor: University of NEW Mexico
Awarding Agency: Department of Veterans Affairs
Start Date: 2024-10-01
End Date: 2025-09-30
Contract Duration: 364 days
Daily Burn Rate: $10.4K/day
Competition Type: NOT AVAILABLE FOR COMPETITION
Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT
Sector: Healthcare
Official Description: RADIOLOGY INTERPRETATION & RESIDENT TRAINING SERVICES - AFFILIATE -BRIDGE
Place of Performance
Location: ALBUQUERQUE, BERNALILLO County, NEW MEXICO, 87108
Plain-Language Summary
Department of Veterans Affairs obligated $3.8 million to UNIVERSITY OF NEW MEXICO for work described as: RADIOLOGY INTERPRETATION & RESIDENT TRAINING SERVICES - AFFILIATE -BRIDGE Key points: 1. Contract value of $3.77 million for radiology interpretation and resident training. 2. Sole-source award to University of New Mexico, limiting competition. 3. Potential risk associated with lack of competitive bidding impacting price. 4. Services fall under the 'Colleges, Universities, and Professional Schools' sector.
Value Assessment
Rating: fair
The contract is a fixed-price with economic price adjustment, which can lead to cost increases. Without competitive data, it's difficult to assess if the price is optimal compared to similar services.
Cost Per Unit: N/A
Competition Analysis
Competition Level: sole-source
This contract was not available for competition, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers as competitive pressures are absent.
Taxpayer Impact: The sole-source nature of this award may result in a higher cost to taxpayers than if the contract had been competitively bid.
Public Impact
Veterans in New Mexico will receive radiology interpretation services. Training for radiology residents will be supported, potentially improving future healthcare quality. The University of New Mexico benefits from a significant federal contract.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Sole-source award limits competition and price discovery.
- Economic price adjustment clause may increase costs.
- Lack of detailed performance metrics in provided data.
Positive Signals
- Supports resident training, potentially enhancing future medical expertise.
- Ensures continuity of radiology services for VA facilities.
Sector Analysis
This contract falls within the 'Colleges, Universities, and Professional Schools' sector, specifically for specialized medical training and services. Spending in this area often involves partnerships with academic institutions for research and education.
Small Business Impact
The contract was awarded to the University of New Mexico, a large academic institution. There is no indication of subcontracting opportunities for small businesses in the provided data.
Oversight & Accountability
The Department of Veterans Affairs is responsible for oversight. The fixed-price with economic price adjustment structure requires careful monitoring to ensure costs remain reasonable and justified.
Related Government Programs
- Colleges, Universities, and Professional Schools
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Sole-source award
- Economic price adjustment
- Lack of competition
- Potential for cost overruns
Tags
colleges-universities-and-professional-s, department-of-veterans-affairs, nm, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $3.8 million to UNIVERSITY OF NEW MEXICO. RADIOLOGY INTERPRETATION & RESIDENT TRAINING SERVICES - AFFILIATE -BRIDGE
Who is the contractor on this award?
The obligated recipient is UNIVERSITY OF NEW MEXICO.
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 $3.8 million.
What is the period of performance?
Start: 2024-10-01. End: 2025-09-30.
What is the justification for the sole-source award, and were any attempts made to explore competitive options?
The justification for the sole-source award is not provided in the data. Typically, sole-source contracts are used when only one responsible source can provide the required supplies or services. Agencies must document the rationale and often explore limited competition before resorting to sole-source awards to ensure fair and reasonable pricing.
How will the economic price adjustment be calculated, and what are the potential cost implications for taxpayers?
The specific mechanism for the economic price adjustment (EPA) is not detailed. EPAs are usually tied to an index (e.g., inflation, labor costs) to account for unforeseen cost changes. Without knowing the index and cap, it's difficult to quantify the exact taxpayer impact, but it introduces variability and potential cost escalation beyond the base fixed price.
What are the key performance indicators (KPIs) for the radiology interpretation and resident training services, and how will their effectiveness be measured?
Key performance indicators and effectiveness measurement details are not included in the provided data. Effective oversight would require defined metrics for accuracy of interpretation, timeliness of reports, quality of resident training, and overall satisfaction of the VA facilities utilizing these services.
Industry Classification
NAICS: Educational Services › Colleges, Universities, and Professional Schools › Colleges, Universities, and Professional Schools
Product/Service Code: MEDICAL SERVICES › MEDICAL, DENTAL, AND SURGICAL SVCS
Competition & Pricing
Extent Competed: NOT AVAILABLE FOR COMPETITION
Solicitation Procedures: ONLY ONE SOURCE
Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)
Evaluated Preference: NONE
Contractor Details
Address: 1 UNIVERSITY OF NEW MEXICO, ALBUQUERQUE, NM, 87131
Business Categories: Category Business, Educational Institution, Government, Higher Education, U.S. National Government, Not Designated a Small Business, Higher Education (Public), U.S. Regional/State Government
Financial Breakdown
Contract Ceiling: $3,769,275
Exercised Options: $3,769,275
Current Obligation: $3,769,275
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 36C26225D0012
IDV Type: IDC
Timeline
Start Date: 2024-10-01
Current End Date: 2025-09-30
Potential End Date: 2025-09-30 00:00:00
Last Modified: 2026-04-08
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