Labor Award | 1605C323C0001 | NEW AWARD PHARMACY BENEFITS MANAGEMENT SERVICES FOR OWCP

1605C323C0001 - NEW AWARD PHARMACY BENEFITS MANAGEMENT SERVICES FO...

Federal Contract Award Search » Definitive Contract Award

This Definitive Contract contract for Financial services was awarded in FY2023 on Nov 16, 2022 to The Cigna Group by OWCP Division of Energy Employees Occupational Illness Compensation(DEEOIC). There have been no obligations to date with a ceiling value of $5.00, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 2 year duration with ultimate completion date of May 15, 2024.

The Cigna Group is a contractor located in MO, doing primarily Healthcare > Medical Practitioners work for Defense. The company receives $679.5M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.

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Contract Number
1605C323C0001
Obligations to Date
$0.00
Ceiling Value
$5.00
Award Date
11/16/2022
Contract Type
Definitive Contract
Competition Set Aside Type
No set aside used

Buying Agency/Office
Labor»Office of Workers' Compensation Programs»OWCP Division of Energy Employees Occupational Illness Compensation(DEEOIC)


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