DoD awards $68.4M for BinaxNow COVID-19 Ag Cards, highlighting rapid diagnostic needs during pandemic

Contract Overview

Contract Amount: $68,438,624 ($68.4M)

Contractor: Abbott Rapid DX North America LLC

Awarding Agency: Department of Defense

Start Date: 2020-12-03

End Date: 2020-12-14

Contract Duration: 11 days

Daily Burn Rate: $6.2M/day

Competition Type: NOT COMPETED

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: 8507842153!BINAXNOW COVID-19 AG CARD 40C

Place of Performance

Location: ORLANDO, ORANGE County, FLORIDA, 32810

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $68.4 million to ABBOTT RAPID DX NORTH AMERICA LLC for work described as: 8507842153!BINAXNOW COVID-19 AG CARD 40C Key points: 1. Significant award for essential COVID-19 testing supplies. 2. Sole-source award raises questions about price discovery and competition. 3. High value contract for a critical public health need. 4. Defense Logistics Agency procured for national response efforts.

Value Assessment

Rating: questionable

The contract value of $68.4M for BinaxNow COVID-19 Ag Cards is difficult to assess without comparable contract data. The 'NOT COMPETED' status suggests potential for overpayment if market prices were lower.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded sole-source, meaning no competition was sought. This limits price discovery and may lead to higher costs for taxpayers compared to a competitive process.

Taxpayer Impact: The sole-source nature of this award means taxpayers may have paid a premium for these diagnostic tests, as competitive pressures were absent.

Public Impact

Ensured availability of critical COVID-19 rapid tests for national response. Supported the government's ability to monitor and manage the pandemic. Demonstrates reliance on specific diagnostic tools during public health emergencies.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The procurement falls under In-Vitro Diagnostic Substance Manufacturing, a sector critical for public health. Spending in this area surged during the pandemic, with government agencies rapidly acquiring testing supplies.

Small Business Impact

No information is available regarding small business participation in this sole-source award. The nature of the award suggests it was likely awarded to a large, established manufacturer.

Oversight & Accountability

The sole-source justification and lack of competition warrant further review to ensure fair pricing and responsible use of taxpayer funds. Oversight should focus on the necessity of the sole-source approach.

Related Government Programs

Risk Flags

Tags

in-vitro-diagnostic-substance-manufactur, department-of-defense, fl, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $68.4 million to ABBOTT RAPID DX NORTH AMERICA LLC. 8507842153!BINAXNOW COVID-19 AG CARD 40C

Who is the contractor on this award?

The obligated recipient is ABBOTT RAPID DX NORTH AMERICA LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Logistics Agency).

What is the total obligated amount?

The obligated amount is $68.4 million.

What is the period of performance?

Start: 2020-12-03. End: 2020-12-14.

What was the justification for the sole-source award, and were alternative competitive strategies considered?

The provided data indicates the contract was 'NOT COMPETED,' suggesting a sole-source award. A thorough review would be needed to understand the specific justification, such as an urgent and compelling need or the unavailability of the product from other sources. Without this justification, it's difficult to assess if competitive alternatives were adequately explored.

How does the per-unit cost compare to market rates for similar rapid antigen tests during the contract period?

The data does not provide a per-unit cost, only the total award amount. Benchmarking against market rates for BinaxNow or similar tests during December 2020 is crucial. Given the sole-source nature, there's a risk the price was not optimized, and a comparison would reveal potential overpayment or fair pricing under urgent circumstances.

What was the intended use and distribution of these diagnostic tests?

The award was made by the Department of Defense through the Defense Logistics Agency, indicating the tests were likely intended for use within military personnel, their families, or potentially broader national response efforts. Understanding the specific end-users and distribution channels would clarify the strategic importance and necessity of this procurement.

Industry Classification

NAICS: ManufacturingPharmaceutical and Medicine ManufacturingIn-Vitro Diagnostic Substance Manufacturing

Product/Service Code: INSTRUMENTS AND LABORATORY EQPT

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Abbott Laboratories (UEI: 001307602)

Address: 30 S KELLER RD STE 100, ORLANDO, FL, 32810

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

Financial Breakdown

Contract Ceiling: $68,975,400

Exercised Options: $68,438,624

Current Obligation: $68,438,624

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: SPE2DE20D0027

IDV Type: IDC

Timeline

Start Date: 2020-12-03

Current End Date: 2020-12-14

Potential End Date: 2020-12-14 00:00:00

Last Modified: 2021-11-26

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