75F40124D00042 - CENTER FOR BIOLOGICS EVALUATION AND RESEARCH (CBER...
Federal Contract Award Search » IDC Award - Center for Biologics Evaluation And Research (CBER), Biologics Effectiveness and Safety (BEST) (BEST 3)
This IDC contract for Healthcare > Professional Services was awarded in FY2024 on Sep 27, 2024 to CVS Health Corporation by Office of Finance, Budget, Acquisitions, and Planning. There have been $10k in obligations to date with a ceiling value of $75M, showing a 0% burn rate so far on the contract. The contract was not competed under any preference program with 8 offers received. We expect a 5 year duration with ultimate completion date of Sep 28, 2029.
CVS Health Corporation is a contractor located in RI, doing primarily Healthcare > Medical Practitioners work for Health and Human Services. The company receives $39.1M 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.
- Contract Number
- 75F40124D00042
- Contractor
- CVS HEALTH CLINICAL TRIAL SERVICES LLC
- Obligations to Date
- $10k
- Ceiling Value
- $75M
- Award Date
- 09/27/2024
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Health and Human Services»Food and Drug Administration»FDA - Office of Operations»Office of Finance, Budget, Acquisitions, and Planning
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