36C10G22A0001 - PHILIPS NORTH AMERICA, LLC INTELLISPACE CRITICAL C...

This BPA contract for Medical Equipment & Supplies > Medical Supplies/Equipment, Medical Equipment & Supplies > Equipment Related Services, Petro-Chemical Industries > Industrial Products & Services, Business Admin Services was awarded in FY2022 on Jan 28, 2022 to Philips by Strategic Acquisition Center. There have been $10.9M in obligations to date with a ceiling value of $25.8M, showing a 42% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of Mar 8, 2027.

Philips is a contractor located in WA, doing primarily Medical Equipment & Supplies > Medical Supplies/Equipment work for Veterans Affairs. The company receives $910.6M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.

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Buying Agency/Office

Veterans Affairs»VA Office of Acquisition, Logistics and Construction»Office of Procurement, Acquisition and Logistics»Strategic Acquisition Center

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