36C24923D0004 - VISN WIDE PBM SERVICES

This IDC contract for Healthcare > Medical Practitioners was awarded in FY2023 on Dec 1, 2022 to PALISADE-HERITAGE JV, LLC by Tennessee Valley Healthcare System (Nashville, TN). There have been $952k in obligations to date with a ceiling value of $5.5M, showing a 17% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 3 offers received. We expect a 10 year duration with ultimate completion date of Sep 29, 2032.

PALISADE-HERITAGE JV, LLC is a contractor located in TX, doing primarily Healthcare > Medical Practitioners work for Veterans Affairs. The company receives $825.1k annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Buying Agency/Office

Veterans Affairs»Veterans Health Administration»VHA Medical Centers»VISN 9 - Mid South Health Care Network»Tennessee Valley Healthcare System (Nashville, TN)

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