HHS awards $45M for Pharmaceutical Prep Manufacturing to Elusys Therapeutics Inc

Contract Overview

Contract Amount: $44,971,900 ($45.0M)

Contractor: Elusys Therapeutics Inc

Awarding Agency: Department of Health and Human Services

Start Date: 2015-11-02

End Date: 2021-09-30

Contract Duration: 2,159 days

Daily Burn Rate: $20.8K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: IGF::OT::IGF FOR OTHER FUNCTIONS

Place of Performance

Location: PINE BROOK, MORRIS County, NEW JERSEY, 07058

State: New Jersey Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $45.0 million to ELUSYS THERAPEUTICS INC for work described as: IGF::OT::IGF FOR OTHER FUNCTIONS Key points: 1. Spending of $44.97M over 6 years on pharmaceutical preparation manufacturing. 2. Competition was full and open after exclusion of sources. 3. Risk of reliance on a single vendor for critical supplies. 4. Sector focus on pharmaceutical preparation manufacturing.

Value Assessment

Rating: fair

The contract value of $44.97M over 6 years appears reasonable for pharmaceutical preparation manufacturing, but without specific product details or market benchmarks, a precise valuation is difficult. The fixed-price structure provides cost certainty.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition after exclusion of sources, suggesting a competitive process was initiated. However, the 'exclusion of sources' clause warrants further investigation into why specific sources were excluded and if this limited the competitive pool.

Taxpayer Impact: Taxpayer funds are being used for critical pharmaceutical preparation manufacturing, which is essential for public health preparedness. The cost-effectiveness of this contract will determine the ultimate taxpayer impact.

Public Impact

Ensures availability of essential pharmaceutical preparations for public health emergencies. Supports a company in the pharmaceutical manufacturing sector. Potential for long-term supply chain security for critical medical countermeasures.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Pharmaceutical Preparation Manufacturing sector, which is vital for national security and public health. Spending benchmarks for similar contracts can vary widely based on the specific product, quantity, and duration.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. Further analysis would be needed to determine if small businesses were involved as subcontractors or if opportunities were missed.

Oversight & Accountability

The contract was awarded by the Office of Assistant Secretary for Preparedness and Response (ASPR) within HHS, an agency focused on public health emergencies. Oversight would involve monitoring delivery, quality, and adherence to contract terms.

Related Government Programs

Risk Flags

Tags

pharmaceutical-preparation-manufacturing, department-of-health-and-human-services, nj, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $45.0 million to ELUSYS THERAPEUTICS INC. IGF::OT::IGF FOR OTHER FUNCTIONS

Who is the contractor on this award?

The obligated recipient is ELUSYS THERAPEUTICS 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 $45.0 million.

What is the period of performance?

Start: 2015-11-02. End: 2021-09-30.

What specific pharmaceutical preparations are being manufactured under this contract, and what is their criticality to national health security?

The specific pharmaceutical preparations are not detailed in the provided data. However, given the awarding agency (ASPR), it is highly probable that these preparations are critical medical countermeasures or supplies intended for use during public health emergencies, such as pandemics or bioterrorism events. Their criticality lies in ensuring the nation has adequate resources to respond effectively to such threats.

What were the reasons for excluding certain sources during the 'full and open competition after exclusion of sources' process, and did this exclusion impact the final price?

The reasons for excluding specific sources are not provided. This exclusion could stem from various factors, such as the unique capabilities of the selected vendor, specific technical requirements, or prior performance issues with other potential bidders. If the exclusion significantly narrowed the competitive field, it could have potentially led to a higher final price than if a broader competition had been feasible.

How does the $44.97M contract value compare to industry benchmarks for similar pharmaceutical preparation manufacturing contracts, considering the 6-year duration?

Without knowing the exact nature and quantity of the pharmaceutical preparations, a direct comparison to industry benchmarks is challenging. However, a $44.97M contract over six years averages approximately $7.5M annually. This figure needs to be assessed against the complexity, scale, and market price of the specific products being manufactured to determine if it represents good value for taxpayer money.

Industry Classification

NAICS: ManufacturingPharmaceutical and Medicine ManufacturingPharmaceutical Preparation Manufacturing

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 25 RIVERSIDE DR STE 1, PINE BROOK, NJ, 07058

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

Financial Breakdown

Contract Ceiling: $44,971,900

Exercised Options: $44,971,900

Current Obligation: $44,971,900

Actual Outlays: $950

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: HHSO100201300010I

IDV Type: IDC

Timeline

Start Date: 2015-11-02

Current End Date: 2021-09-30

Potential End Date: 2021-09-30 00:00:00

Last Modified: 2021-05-18

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