HHSN263201400050B - BIOLOGICAL MATERIALS, CHEMICALS, LABORATORY SUPPLI...

This BPA contract for Test & Measurement Supplies, Pharmaceuticals > Pharmaceutical Products, Petro-Chemical Industries > Industrial Products & Services, Healthcare > Medical Practitioners was awarded in FY2014 on August 21, 2014 to NANOSTRING TECHNOLOGIES, INC. by NIH Office of Logistics and Acquisition Operations (OLAO). There have been $2.2M in obligations to date with a ceiling value of $2.2M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 10 year duration with ultimate completion date of August 30, 2024.

NANOSTRING TECHNOLOGIES, INC. is a contractor located in WA, doing primarily Test & Measurement Supplies work for Health and Human Services. The company receives $2.8M 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.

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

Health and Human Services » National Institutes of Health » NIH Office of the Director » NIH Office of Management » NIH Office of Logistics and Acquisition Operations (OLAO)

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