NIH Awards $17.1M for Biomedical Research at Children's Hospital Medical Center Over 10 Years

Contract Overview

Contract Amount: $17,107,556 ($17.1M)

Contractor: Childrens Hospital Medical Center

Awarding Agency: Department of Health and Human Services

Start Date: 2007-11-01

End Date: 2017-09-30

Contract Duration: 3,621 days

Daily Burn Rate: $4.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 13

Pricing Type: COST NO FEE

Sector: R&D

Official Description: BIOMEDICAL (APPLIED/EXPLORATORY)

Place of Performance

Location: CINCINNATI, HAMILTON County, OHIO, 45229

State: Ohio Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $17.1 million to CHILDRENS HOSPITAL MEDICAL CENTER for work described as: BIOMEDICAL (APPLIED/EXPLORATORY) Key points: 1. Significant long-term investment in biomedical research. 2. Competition method indicates potential for fair pricing. 3. Risk is moderate given the long duration and R&D nature. 4. Biotechnology sector sees substantial R&D funding.

Value Assessment

Rating: good

The contract value of $17.1M over 10 years averages $1.71M annually. This appears reasonable for a large-scale biomedical research project at a major medical center, though specific benchmarks are difficult without more granular data.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, suggesting a robust process for selecting the contractor and establishing pricing. This method generally leads to competitive pricing and better value for taxpayers.

Taxpayer Impact: The competitive nature of the award is positive for taxpayer value, ensuring funds are used efficiently for research.

Public Impact

Advances critical biomedical research in biotechnology. Supports a leading medical institution in research and development. Potential for breakthroughs impacting public health.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Biotechnology (NAICS 541711) sector, which is characterized by high R&D investment and long development cycles. Spending in this area is crucial for scientific advancement and public health.

Small Business Impact

The data does not indicate any specific involvement or benefit to small businesses in this contract. The awardee is a large medical center, suggesting the primary focus was on institutional capacity.

Oversight & Accountability

The contract was awarded by the Department of Health and Human Services through the National Institutes of Health, indicating established oversight mechanisms for federal research funding. However, the long duration necessitates ongoing monitoring.

Related Government Programs

Risk Flags

Tags

research-and-development-in-biotechnolog, department-of-health-and-human-services, oh, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $17.1 million to CHILDRENS HOSPITAL MEDICAL CENTER. BIOMEDICAL (APPLIED/EXPLORATORY)

Who is the contractor on this award?

The obligated recipient is CHILDRENS HOSPITAL MEDICAL CENTER.

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 $17.1 million.

What is the period of performance?

Start: 2007-11-01. End: 2017-09-30.

What specific research milestones or deliverables were defined in the contract to ensure accountability and measure progress?

The provided data does not detail specific research milestones or deliverables. For a contract of this magnitude and duration, clearly defined objectives, interim reports, and final outcomes are crucial for assessing the value and effectiveness of the taxpayer investment. Without this information, it's challenging to gauge the return on investment beyond the general advancement of the research field.

How were potential cost overruns managed given the 10-year R&D timeline and 'Cost No Fee' contract type?

The 'Cost No Fee' (CNF) contract type typically means the contractor is reimbursed for allowable costs but receives no fee or profit. This structure is often used when the scope of work is uncertain, as in R&D. Managing cost overruns would rely heavily on robust oversight from NIH, strict adherence to approved budgets, and potentially contract modifications if significant unforeseen issues arise.

What is the anticipated impact of this research on specific public health challenges or medical advancements?

The data identifies the research area as 'Biotechnology (Applied/Exploratory)' but does not specify the exact public health challenges or medical advancements targeted. The impact is therefore broad, potentially contributing to new treatments, diagnostic tools, or a deeper understanding of diseases. The long-term nature suggests foundational research that may lead to future breakthroughs.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in Biotechnology

Product/Service Code: RESEARCH AND DEVELOPMENTN – Health R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 13

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Address: 3333 BURNET AVE, CINCINNATI, OH, 45229

Business Categories: Category Business, Educational Institution, Higher Education, Nonprofit Organization, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $33,104,908

Exercised Options: $33,104,908

Current Obligation: $17,107,556

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Timeline

Start Date: 2007-11-01

Current End Date: 2017-09-30

Potential End Date: 2017-09-30 00:00:00

Last Modified: 2019-09-27

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