HHS awards $56M for pharmaceutical prep manufacturing to GlaxoSmithKline, LLC

Contract Overview

Contract Amount: $55,966,179 ($56.0M)

Contractor: Glaxosmithkline, LLC

Awarding Agency: Department of Health and Human Services

Start Date: 2015-12-18

End Date: 2017-02-28

Contract Duration: 438 days

Daily Burn Rate: $127.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: IGF::OT::IGF 2016 PED FLU

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 $56.0 million to GLAXOSMITHKLINE, LLC for work described as: IGF::OT::IGF 2016 PED FLU Key points: 1. Contract awarded to a single, large pharmaceutical company. 2. The contract value is substantial, indicating significant demand for the product. 3. Competition was full and open, suggesting a competitive bidding process. 4. The sector is pharmaceutical preparation manufacturing, a critical area for public health.

Value Assessment

Rating: good

The contract value of $55.9M over 438 days suggests a reasonable price for pharmaceutical preparations. Benchmarking against similar large-scale pharmaceutical contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, which typically leads to better price discovery and potentially lower costs for the government. The award to GlaxoSmithKline, LLC indicates they were the most competitive bidder.

Taxpayer Impact: The use of full and open competition is generally beneficial for taxpayers, as it aims to secure the best value through a competitive process.

Public Impact

Ensures supply of essential pharmaceutical preparations for public health initiatives. Supports a major pharmaceutical manufacturer, potentially impacting employment and innovation. The contract duration of 438 days suggests a medium-term need for these preparations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The pharmaceutical preparation manufacturing sector is highly regulated and characterized by significant R&D investment and complex supply chains. Spending in this sector is crucial for public health and national security.

Small Business Impact

This contract was awarded to a large corporation, GlaxoSmithKline, LLC. There is no indication of small business participation in this specific award, which is common for large-scale pharmaceutical manufacturing contracts.

Oversight & Accountability

The contract was awarded by the Centers for Disease Control and Prevention (CDC), a key agency within HHS. Oversight would involve monitoring contract performance, delivery schedules, and quality of pharmaceutical preparations.

Related Government Programs

Risk Flags

Tags

pharmaceutical-preparation-manufacturing, 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 $56.0 million to GLAXOSMITHKLINE, LLC. IGF::OT::IGF 2016 PED FLU

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 $56.0 million.

What is the period of performance?

Start: 2015-12-18. End: 2017-02-28.

What is the specific pharmaceutical preparation being procured and its criticality?

The specific pharmaceutical preparation is not detailed in the provided data. However, given the awarding agency (CDC), it is likely related to public health initiatives, potentially vaccines, treatments for infectious diseases, or other essential medical supplies. Its criticality would depend on its role in disease prevention or treatment.

How does the awarded price compare to market benchmarks for similar pharmaceutical preparations?

Without knowing the specific product, a direct market benchmark is difficult. However, the contract value of approximately $56 million over 1.3 years suggests a significant volume or high-value product. A detailed cost analysis comparing unit prices to industry averages for comparable items would be necessary for a thorough assessment.

What are the potential risks associated with relying on GlaxoSmithKline, LLC for this pharmaceutical preparation?

Potential risks include supply chain disruptions, manufacturing issues, or future price increases. Dependence on a single large supplier could also limit flexibility if alternative solutions are needed. The government should monitor supplier performance closely and consider contingency plans.

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

Solicitation ID: 2016N17632

Offers Received: 5

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Glaxosmithkline PLC

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: $69,857,670

Exercised Options: $69,857,670

Current Obligation: $55,966,179

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline

Start Date: 2015-12-18

Current End Date: 2017-02-28

Potential End Date: 2017-02-28 00:00:00

Last Modified: 2023-09-05

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