HHS awards $9.85M contract to NCIA for RADx Innovation Funnel, a 2-year delivery order

Contract Overview

Contract Amount: $9,852,845 ($9.9M)

Contractor: National Collegiate Inventors & Innovators Alliance, Inc.

Awarding Agency: Department of Health and Human Services

Start Date: 2024-09-30

End Date: 2026-09-29

Contract Duration: 729 days

Daily Burn Rate: $13.5K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: RADX INNOVATION FUNNEL FOR HEALTH TECHNOLOGIES - COMMERCIALIZATION CENTER

Place of Performance

Location: HADLEY, HAMPSHIRE County, MASSACHUSETTS, 01035

State: Massachusetts Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $9.9 million to NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE, INC. for work described as: RADX INNOVATION FUNNEL FOR HEALTH TECHNOLOGIES - COMMERCIALIZATION CENTER Key points: 1. Contract awarded to National Collegiate Inventors & Innovators Alliance, Inc. for management consulting. 2. The contract is a delivery order under a larger contract vehicle. 3. The contract aims to support the RADx Innovation Funnel for health technologies. 4. This award represents a small portion of the overall federal spending in management consulting services.

Value Assessment

Rating: fair

The contract value of $9.85M over two years is moderate. Benchmarking against similar management consulting contracts is difficult without more specific service details, but the value appears reasonable for specialized innovation support.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. This method generally promotes price discovery and potentially better value for the government.

Taxpayer Impact: Taxpayers benefit from a competitive process that aims to secure services at a reasonable cost for advancing health technologies.

Public Impact

Supports the advancement of health technologies through the RADx Innovation Funnel. Potential for new health innovations to reach the market. Investment in the commercialization of research and development.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under 'Other Management Consulting Services' (NAICS 541618). Federal spending in this sector is substantial, covering a wide range of advisory and support services. The value of this specific award is modest within the broader consulting landscape.

Small Business Impact

The data indicates this contract was not set aside for small businesses (ss: false, sb: false). Therefore, large businesses were likely the primary bidders and recipients.

Oversight & Accountability

As a delivery order under a larger contract, oversight may be managed through the parent contract's framework. Specific oversight details for this order are not provided, but NIH typically has robust monitoring processes.

Related Government Programs

Risk Flags

Tags

other-management-consulting-services, department-of-health-and-human-services, ma, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $9.9 million to NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE, INC.. RADX INNOVATION FUNNEL FOR HEALTH TECHNOLOGIES - COMMERCIALIZATION CENTER

Who is the contractor on this award?

The obligated recipient is NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE, INC..

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (National Institutes of Health).

What is the total obligated amount?

The obligated amount is $9.9 million.

What is the period of performance?

Start: 2024-09-30. End: 2026-09-29.

What specific metrics will be used to evaluate the success of the RADx Innovation Funnel under this contract?

The provided data does not specify the performance metrics for this contract. Effective evaluation would require clear, measurable objectives related to the number of innovations advanced, successful commercialization pathways identified, and overall impact on health technology development. These metrics should be detailed in the contract's statement of work.

What is the risk of the contractor not effectively identifying or fostering promising health technologies?

The risk lies in the contractor's expertise and network within the health tech innovation ecosystem. Ineffective identification or nurturing could lead to wasted funds and delayed advancements. Mitigation involves rigorous vetting of the contractor's past performance, clear performance standards, and regular progress reviews by NIH.

How does this contract contribute to the overall effectiveness of the RADx program?

This contract is intended to streamline the commercialization process for health technologies identified through the RADx initiative. Its effectiveness hinges on the contractor's ability to connect innovators with resources, expertise, and market opportunities, thereby accelerating the translation of research into impactful health solutions for the public.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesManagement, Scientific, and Technical Consulting ServicesOther Management Consulting Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 75N92024R0303

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 100 VENTURE WAY STE 8, HADLEY, MA, 01035

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

Financial Breakdown

Contract Ceiling: $9,852,845

Exercised Options: $9,852,845

Current Obligation: $9,852,845

Actual Outlays: $3,818,925

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 75N92022D00013

IDV Type: IDC

Timeline

Start Date: 2024-09-30

Current End Date: 2026-09-29

Potential End Date: 2026-09-29 00:00:00

Last Modified: 2026-01-12

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