HHS awards $555M contract for childhood vaccines to GlaxoSmithKline, LLC

Contract Overview

Contract Amount: $554,783,256 ($554.8M)

Contractor: Glaxosmithkline, LLC

Awarding Agency: Department of Health and Human Services

Start Date: 2012-04-01

End Date: 2013-03-31

Contract Duration: 364 days

Daily Burn Rate: $1.5M/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: VACCCINE FOR CHILDREN 2012

Place of Performance

Location: DURHAM, DURHAM County, NORTH CAROLINA, 27709

State: North Carolina Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $554.8 million to GLAXOSMITHKLINE, LLC for work described as: VACCCINE FOR CHILDREN 2012 Key points: 1. Significant investment in public health through vaccine procurement. 2. Competition was full and open, suggesting potential for competitive pricing. 3. Contract value is substantial, requiring careful monitoring for efficiency. 4. Sector focus on pharmaceuticals and healthcare is critical for national well-being.

Value Assessment

Rating: good

The contract value of $555 million for vaccines appears reasonable given the scale and importance of public health initiatives. Benchmarking against similar large-scale pharmaceutical procurements would provide a more precise assessment of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically drives competitive pricing and ensures the government receives the best value. This method allows multiple qualified vendors to bid, fostering a robust price discovery process.

Taxpayer Impact: The procurement of vaccines through competitive bidding aims to maximize taxpayer value by securing necessary medical supplies at optimal prices, contributing to public health at a lower cost.

Public Impact

Ensures availability of critical vaccines for children, supporting public health. Supports the pharmaceutical manufacturing sector and related supply chains. Potential for long-term health benefits by preventing childhood diseases.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the pharmaceutical preparation manufacturing sector, a critical area for public health. Spending in this sector is often driven by public health needs, research and development, and disease prevention initiatives.

Small Business Impact

While this specific contract was awarded to a large corporation, the broader pharmaceutical sector involves numerous small and medium-sized businesses in research, development, and supply chain roles. Government contracts can sometimes include provisions for subcontracting to smaller entities.

Oversight & Accountability

The Centers for Disease Control and Prevention (CDC) is responsible for overseeing this contract. Robust oversight is crucial to ensure timely delivery, quality control, and adherence to contract terms, safeguarding taxpayer funds and public health.

Related Government Programs

Risk Flags

Tags

pharmaceutical-preparation-manufacturing, department-of-health-and-human-services, nc, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $554.8 million to GLAXOSMITHKLINE, LLC. VACCCINE FOR CHILDREN 2012

Who is the contractor on this award?

The obligated recipient is GLAXOSMITHKLINE, LLC.

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 $554.8 million.

What is the period of performance?

Start: 2012-04-01. End: 2013-03-31.

What is the projected impact of this vaccine procurement on childhood immunization rates?

This $555 million contract is expected to significantly bolster the supply of essential vaccines for children, directly supporting national immunization programs. By ensuring adequate availability, it aims to maintain or increase childhood immunization rates, thereby preventing outbreaks of preventable diseases and contributing to long-term public health outcomes.

What are the primary risks associated with a large-scale vaccine procurement contract?

Key risks include potential supply chain disruptions, manufacturing quality control issues, and the emergence of new public health threats requiring different vaccine formulations. Market volatility in pharmaceutical pricing and the potential for underutilization if demand forecasts are inaccurate also pose significant risks that require careful management and contingency planning.

How does this contract contribute to the overall effectiveness of public health initiatives?

This contract is fundamental to the effectiveness of public health initiatives by guaranteeing the availability of life-saving vaccines for children. It ensures that public health agencies can meet demand, prevent disease spread, and achieve herd immunity targets, thereby reducing healthcare burdens and improving overall population health outcomes.

Industry Classification

NAICS: ManufacturingPharmaceutical and Medicine ManufacturingPharmaceutical Preparation Manufacturing

Product/Service Code: MEDICAL/DENTAL/VETERINARY EQPT/SUPP

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Glaxosmithkline PLC (UEI: 238980408)

Address: 5 MOORE DR, RESEARCH TRIANGLE PARK, NC, 27709

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

Financial Breakdown

Contract Ceiling: $741,813,000

Exercised Options: $741,813,000

Current Obligation: $554,783,256

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NO

Timeline

Start Date: 2012-04-01

Current End Date: 2013-03-31

Potential End Date: 2013-03-31 00:00:00

Last Modified: 2021-03-12

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