75H71021D00005 - NAIHS-REFERRAL CLINICAL LAB TESTING SERVICES

This IDC contract for Healthcare > Medical Practitioners was awarded in FY2021 on Apr 29, 2021 to LabCorp by Navajo Area Office. There have been $18.9M in obligations to date with a ceiling value of $30M, showing a 63% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 4 year duration with ultimate completion date of Mar 30, 2025.

LabCorp is a contractor located in NC, doing primarily Healthcare > Medical Practitioners work for Health and Human Services. The company receives $128.7M 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.

Read the full report

Buying Agency/Office

Health and Human Services»Indian Health Service»Navajo Area Office

Read the full report