HHS Awards $5.4M for Medtech Translator Cohort 3 to National Collegiate Inventors & Innovators Alliance
Contract Overview
Contract Amount: $5,390,856 ($5.4M)
Contractor: National Collegiate Inventors & Innovators Alliance, Inc.
Awarding Agency: Department of Health and Human Services
Start Date: 2025-08-29
End Date: 2026-08-28
Contract Duration: 364 days
Daily Burn Rate: $14.8K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: FIRM FIXED PRICE
Sector: Healthcare
Official Description: NIBIB INNOVATION FUNNEL COMMERCIALIZATION CENTER - RADX BLUEPRINT MEDTECH TRANSLATOR COHORT 3
Place of Performance
Location: HADLEY, HAMPSHIRE County, MASSACHUSETTS, 01035
Plain-Language Summary
Department of Health and Human Services obligated $5.4 million to NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE, INC. for work described as: NIBIB INNOVATION FUNNEL COMMERCIALIZATION CENTER - RADX BLUEPRINT MEDTECH TRANSLATOR COHORT 3 Key points: 1. Contract awarded to National Collegiate Inventors & Innovators Alliance, Inc. for $5.4M. 2. Focus on Medtech Translator Cohort 3, part of the NIBIB Innovation Funnel. 3. Contract type is Firm Fixed Price, indicating defined scope and cost. 4. Competition was Full and Open, suggesting a competitive bidding process.
Value Assessment
Rating: good
The contract value of $5.4M for a 1-year duration appears reasonable for a specialized innovation program. Benchmarking against similar NIH grants for commercialization support would provide further context.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, which typically leads to better price discovery and value for the government. The specific pricing structure was determined through this competitive process.
Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for advancing medical technology innovation.
Public Impact
Supports the development and commercialization of medical technologies. Funds innovation within the National Institutes of Health's NIBIB program. Potential for new medical devices and treatments to reach the market. Benefits researchers and innovators in the medtech sector.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of specific performance metrics in provided data.
- Potential for cost overruns if innovation milestones are not met.
Positive Signals
- Supports a critical area of medical innovation.
- Utilizes a competitive procurement process.
- Firm Fixed Price contract provides cost certainty.
Sector Analysis
This contract falls under 'Other Management Consulting Services' and supports the healthcare and R&D sectors. Spending in this area is crucial for translating scientific discoveries into tangible medical solutions.
Small Business Impact
The data indicates the awardee is National Collegiate Inventors & Innovators Alliance, Inc. Further analysis is needed to determine the extent of small business participation in subcontracting opportunities.
Oversight & Accountability
The contract is managed by the National Institutes of Health (NIH), a reputable agency with established oversight mechanisms. Monitoring progress and adherence to program goals will be key.
Related Government Programs
- Other Management Consulting Services
- Department of Health and Human Services Contracting
- National Institutes of Health Programs
Risk Flags
- Potential for scope creep if program goals are not clearly defined.
- Dependence on the success of individual innovators within the cohort.
- Limited duration of the contract may not be sufficient for full commercialization.
- Need for detailed performance metrics to ensure accountability.
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 $5.4 million to NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE, INC.. NIBIB INNOVATION FUNNEL COMMERCIALIZATION CENTER - RADX BLUEPRINT MEDTECH TRANSLATOR COHORT 3
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 $5.4 million.
What is the period of performance?
Start: 2025-08-29. End: 2026-08-28.
What are the specific deliverables and success metrics for the Medtech Translator Cohort 3 program?
The specific deliverables and success metrics for the Medtech Translator Cohort 3 program are not detailed in the provided data. Typically, such programs would outline milestones related to prototype development, intellectual property protection, market analysis, and potential commercial partnerships. A thorough review of the contract statement of work would be necessary to ascertain these details and evaluate the program's intended outcomes.
How does the $5.4M award compare to previous cohorts or similar NIH innovation support programs?
Without data on previous cohorts or comparable NIH innovation support programs, a direct comparison is difficult. However, $5.4M for a cohort of medtech innovators over one year suggests a significant investment per participant or project. Benchmarking against similar initiatives would reveal if this funding level is standard, higher, or lower, providing context for its value and potential impact.
What is the long-term strategy for ensuring the innovations funded by this contract reach the market and benefit patients?
The long-term strategy likely involves the NIBIB Innovation Funnel's established pathways for commercialization, including mentorship, access to funding, and industry connections. The 'Medtech Translator' aspect implies a focus on bridging the gap between research and market-ready products. Continued monitoring of the cohort's progress and post-award support will be crucial for realizing patient benefits.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Other 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
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: $5,390,856
Exercised Options: $5,390,856
Current Obligation: $5,390,856
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 75N92022D00013
IDV Type: IDC
Timeline
Start Date: 2025-08-29
Current End Date: 2026-08-28
Potential End Date: 2026-08-28 00:00:00
Last Modified: 2026-01-12
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