HHS awards $45.6M for Serology Testing Services to Laboratory Corporation of America under full and open competition

Contract Overview

Contract Amount: $45,611,627 ($45.6M)

Contractor: Laboratory Corporation of America

Awarding Agency: Department of Health and Human Services

Start Date: 2020-10-30

End Date: 2022-03-05

Contract Duration: 491 days

Daily Burn Rate: $92.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: SEROLOGY TESTING SERVICES

Place of Performance

Location: BURLINGTON, ALAMANCE County, NORTH CAROLINA, 27215

State: North Carolina Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $45.6 million to LABORATORY CORPORATION OF AMERICA for work described as: SEROLOGY TESTING SERVICES Key points: 1. Contract awarded to a single large business, Laboratory Corporation of America. 2. The contract value of $45.6M is for 491 days of service. 3. Full and open competition was utilized, suggesting a competitive bidding process. 4. The service falls under the Medical Laboratories sector (NAICS 621511).

Value Assessment

Rating: good

The contract value of $45.6M for 491 days suggests a daily rate of approximately $92,895. This appears reasonable given the nature of specialized serology testing services.

Cost Per Unit: $92,895 per day

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating that multiple vendors had the opportunity to bid. This process generally leads to better price discovery and potentially more competitive pricing.

Taxpayer Impact: The use of full and open competition is a positive indicator for taxpayer value, as it aims to secure the best possible price for the required services.

Public Impact

Ensures availability of critical serology testing services for public health initiatives. Supports the CDC's mission in disease surveillance and outbreak response. Provides essential laboratory capacity for diagnostic testing.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The contract falls within the Medical Laboratories sector, which provides diagnostic and testing services. Spending in this sector is crucial for public health infrastructure and disease monitoring.

Small Business Impact

While the contract was awarded through full and open competition, there is no specific indication of small business set-asides or participation in this particular award. Further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

The contract was awarded by the Centers for Disease Control and Prevention (CDC), a key agency within HHS. Oversight would involve monitoring the performance and adherence to the firm fixed price contract terms.

Related Government Programs

Risk Flags

Tags

medical-laboratories, department-of-health-and-human-services, nc, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $45.6 million to LABORATORY CORPORATION OF AMERICA. SEROLOGY TESTING SERVICES

Who is the contractor on this award?

The obligated recipient is LABORATORY CORPORATION OF AMERICA.

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (Centers for Disease Control and Prevention).

What is the total obligated amount?

The obligated amount is $45.6 million.

What is the period of performance?

Start: 2020-10-30. End: 2022-03-05.

What is the historical spending trend for serology testing services by the CDC?

Analyzing historical spending trends for serology testing services by the CDC is crucial for understanding if this $45.6M award represents an increase, decrease, or stable level of investment. It helps contextualize the current award against past procurement patterns and identify potential shifts in demand or program priorities.

How does the per-unit cost benchmark compare to similar serology testing contracts?

Benchmarking the per-unit cost of $92,895 per day against similar serology testing contracts is essential for assessing value for money. If this rate is significantly higher than comparable contracts, it could indicate potential overpricing or unique service requirements that warrant further investigation.

What is the potential impact of contract consolidation on market competition for serology testing services?

Evaluating the impact of consolidating serology testing services under a single large awardee like Laboratory Corporation of America is important. While full and open competition was used, understanding if this trend limits future opportunities for smaller or specialized providers is key to maintaining a robust and competitive market.

Industry Classification

NAICS: Health Care and Social AssistanceMedical and Diagnostic LaboratoriesMedical Laboratories

Product/Service Code: MEDICAL SERVICESLABORATORY TESTING SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 75D301-20-R-68127

Offers Received: 4

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 531 S SPRING ST, BURLINGTON, NC, 27215

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $47,916,380

Exercised Options: $47,916,380

Current Obligation: $45,611,627

Actual Outlays: $13,516,409

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2020-10-30

Current End Date: 2022-03-05

Potential End Date: 2022-03-05 00:00:00

Last Modified: 2024-11-19

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