VA awards $28.6M for high-tech bio-medical equipment to Toshiba America Medical Systems
Contract Overview
Contract Amount: $28,605,315 ($28.6M)
Contractor: Toshiba America Medical Systems, Inc.
Awarding Agency: Department of Veterans Affairs
Start Date: 2008-09-30
End Date: 2008-09-30
Number of Offers Received: 23
Pricing Type: FIRM FIXED PRICE
Sector: Healthcare
Official Description: HIGH TECH BIO-MEDICAL EQUIPMENT AND ACCESSORIES
Place of Performance
Location: DULUTH, GWINNETT County, GEORGIA, 30096
State: Georgia Government Spending
Plain-Language Summary
Department of Veterans Affairs obligated $28.6 million to TOSHIBA AMERICA MEDICAL SYSTEMS, INC. for work described as: HIGH TECH BIO-MEDICAL EQUIPMENT AND ACCESSORIES Key points: 1. The contract value of $28.6 million is significant for this type of equipment. 2. Competition details are not readily available, raising potential concerns about price discovery. 3. The risk appears moderate given the fixed-price contract, but the lack of competition is a concern. 4. The sector is healthcare technology, a critical area for government procurement.
Value Assessment
Rating: fair
Pricing is difficult to assess without comparable contract data. The fixed-price nature offers some protection, but the lack of competitive bidding limits transparency.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was awarded under limited competition, likely due to specific equipment requirements or existing vendor relationships. This limits the government's ability to leverage competitive pricing.
Taxpayer Impact: Taxpayer funds are used for this procurement. The absence of full and open competition may result in a higher price than could be achieved through a competitive process.
Public Impact
Veterans will benefit from access to advanced bio-medical equipment. The Department of Veterans Affairs ensures critical healthcare infrastructure is maintained. This spending supports the healthcare technology sector and associated jobs.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Limited competition
- Lack of detailed justification for limited competition
- Potential for overpayment due to lack of price competition
Positive Signals
- Fixed-price contract can limit cost overruns
- Procurement supports critical healthcare needs for veterans
Sector Analysis
This contract falls within the healthcare technology sector, specifically for bio-medical equipment. Spending in this area is crucial for maintaining the quality of care provided by the VA. Benchmarks for similar equipment can vary widely based on specialization and technology.
Small Business Impact
There is no indication in the provided data that small businesses were involved in this specific contract, either as prime contractors or subcontractors. Further investigation would be needed to determine any small business participation.
Oversight & Accountability
The Department of Veterans Affairs is responsible for overseeing this contract. Accountability would involve ensuring the equipment meets specifications and is delivered on time, as well as reviewing the justification for limited competition.
Related Government Programs
- Other Computer Peripheral Equipment Manufacturing
- Department of Veterans Affairs Contracting
- Department of Veterans Affairs Programs
Risk Flags
- Lack of full and open competition
- Potential for non-competitive pricing
- Limited transparency in contract award justification
- Need for detailed price benchmarking
Tags
other-computer-peripheral-equipment-manu, department-of-veterans-affairs, ga, do, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Veterans Affairs awarded $28.6 million to TOSHIBA AMERICA MEDICAL SYSTEMS, INC.. HIGH TECH BIO-MEDICAL EQUIPMENT AND ACCESSORIES
Who is the contractor on this award?
The obligated recipient is TOSHIBA AMERICA MEDICAL SYSTEMS, INC..
Which agency awarded this contract?
Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).
What is the total obligated amount?
The obligated amount is $28.6 million.
What is the period of performance?
Start: 2008-09-30. End: 2008-09-30.
What was the specific justification for limiting competition for this bio-medical equipment contract?
The justification for limited competition is crucial for understanding if the government received the best possible value. Reasons could include unique technical specifications, urgent need, or sole-source availability. Without this information, it's difficult to assess if the limited competition was appropriate or if it led to a less favorable price for taxpayers.
How does the $28.6 million price compare to similar bio-medical equipment procurements by other federal agencies or the private sector?
Benchmarking this contract's value against similar procurements is essential for assessing value for money. If this price is significantly higher than market rates for comparable equipment, it suggests potential overpayment. Conversely, if it aligns with or is lower than market rates, it indicates reasonable pricing, even with limited competition.
What mechanisms were in place to ensure the quality and effectiveness of the bio-medical equipment procured under this contract?
Ensuring the quality and effectiveness of bio-medical equipment is paramount for patient care. This involves rigorous testing, adherence to specifications, and potentially post-delivery performance monitoring. Understanding these quality assurance measures provides insight into the overall effectiveness of the procurement in meeting the VA's healthcare needs.
Industry Classification
NAICS: Manufacturing › Computer and Peripheral Equipment Manufacturing › Other Computer Peripheral Equipment Manufacturing
Product/Service Code: MEDICAL/DENTAL/VETERINARY EQPT/SUPP
Contractor Details
Parent Company: Toshiba Corporation (UEI: 690543517)
Address: 1965 EVERGREEN BLVD STE 300, DULUTH, GA, 90
Business Categories: Category Business, Not Designated a Small Business
Financial Breakdown
Contract Ceiling: $28,605,315
Exercised Options: $28,605,315
Current Obligation: $28,605,315
Contract Characteristics
Consolidated Contract: Yes
Parent Contract
Parent Award PIID: SPM20002D8322
IDV Type: IDC
Timeline
Start Date: 2008-09-30
Current End Date: 2008-09-30
Potential End Date: 2008-09-30 00:00:00
Last Modified: 2008-10-15
Other Department of Veterans Affairs Contracts
- CCN Region 3 Express Report — $5.2B (Optum Public Sector Solutions, Inc.)
- Express Report for FY22 Region 2 — $5.1B (Optum Public Sector Solutions, Inc.)
- Fiscal Year 2022 Express Report for Region 1 — $4.2B (Optum Public Sector Solutions, Inc.)
- Express Report for the Patient Centered Community Care (PC3) Contract — $3.3B (Triwest Healthcare Alliance Corp)
- CCN Region Three FY21 Express Report — $3.1B (Optum Public Sector Solutions, Inc.)