HHS awards $124M+ R&D contract to ACHAOGEN, INC. for biotechnology research

Contract Overview

Contract Amount: $124,427,027 ($124.4M)

Contractor: Achaogen, Inc.

Awarding Agency: Department of Health and Human Services

Start Date: 2010-08-21

End Date: 2018-06-30

Contract Duration: 2,870 days

Daily Burn Rate: $43.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 10

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: TAS::75 0140::TAS

Place of Performance

Location: SOUTH SAN FRANCISCO, SAN MATEO County, CALIFORNIA, 94080

State: California Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $124.4 million to ACHAOGEN, INC. for work described as: TAS::75 0140::TAS Key points: 1. Significant investment in biotechnology R&D. 2. Single awardee suggests potential for specialized expertise or limited market. 3. Contract duration of nearly 8 years indicates a long-term project. 4. Cost-plus-fixed-fee structure may incentivize cost escalation.

Value Assessment

Rating: fair

The contract's cost-plus-fixed-fee structure, while allowing flexibility for R&D, can lead to higher overall costs compared to fixed-price contracts. Benchmarking against similar long-term R&D efforts is difficult without more detailed cost breakdowns.

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. However, the single awardee implies that only one entity met the specific requirements or offered the best value.

Taxpayer Impact: Taxpayer funds are supporting critical R&D in biotechnology, with the potential for significant public health benefits. The cost-plus-fixed-fee nature warrants close monitoring to ensure efficient use of funds.

Public Impact

Supports advancement in biotechnology, potentially leading to new medical treatments or public health solutions. Long-term commitment to a specific research area. Investment in a single company for specialized R&D.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Research and Development in Biotechnology sector, a critical area for public health and scientific advancement. Spending benchmarks in this highly specialized field vary widely based on project scope and duration.

Small Business Impact

The contract was not awarded to a small business. Further analysis would be needed to determine if small businesses had opportunities to participate as subcontractors.

Oversight & Accountability

The contract's long duration and cost-plus-fixed-fee structure necessitate robust oversight to ensure performance, cost control, and adherence to research objectives. Regular reviews of progress and expenditures are crucial.

Related Government Programs

Risk Flags

Tags

research-and-development-in-biotechnolog, department-of-health-and-human-services, ca, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $124.4 million to ACHAOGEN, INC.. TAS::75 0140::TAS

Who is the contractor on this award?

The obligated recipient is ACHAOGEN, INC..

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (Office of Assistant Secretary for Preparedness and Response).

What is the total obligated amount?

The obligated amount is $124.4 million.

What is the period of performance?

Start: 2010-08-21. End: 2018-06-30.

What specific biotechnology advancements or public health outcomes were achieved or are anticipated from this significant investment?

The contract aimed to support research and development in biotechnology, likely focusing on areas critical to public health preparedness and response, as indicated by the agency. Specific outcomes would typically be detailed in project reports and scientific publications, demonstrating the tangible benefits derived from the $124M+ investment over its nearly 8-year duration.

How effectively did the full and open competition process identify the most capable and cost-efficient provider for this specialized R&D?

While awarded under full and open competition, the selection of a single awardee suggests that only one offeror fully met the stringent technical and programmatic requirements. The effectiveness in terms of cost efficiency would be assessed by comparing the final costs against initial projections and the value of the research outcomes achieved.

What measures were in place to mitigate cost overruns inherent in a cost-plus-fixed-fee R&D contract of this magnitude and duration?

Mitigation strategies for cost-plus-fixed-fee contracts typically include stringent oversight, detailed cost tracking, performance milestones, and clear definitions of allowable costs. For this contract, the agency likely employed regular reviews of expenditures, progress reports, and adherence to the fixed fee to ensure accountability and manage financial risks.

Industry Classification

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

Product/Service Code: ARCHITECT/ENGINEER SERVICESARCH-ENG SVCS - CONSTRUCTION

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 10

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 7000 SHORELINE CT STE 371, SOUTH SAN FRANCISCO, CA, 94080

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

Financial Breakdown

Contract Ceiling: $133,495,368

Exercised Options: $124,427,027

Current Obligation: $124,427,027

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2010-08-21

Current End Date: 2018-06-30

Potential End Date: 2018-06-30 00:00:00

Last Modified: 2018-03-28

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