36C24121D0016 - PET CONTRACT

This IDC contract for Pharmaceuticals > Research and Development was awarded in FY2021 on Jun 30, 2021 to YALE UNIVERSITY by Manchester VA Medical Center (Manchester, NH). There have been $1.4M in obligations to date with a ceiling value of $3M, showing a 47% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Jun 29, 2026.

YALE UNIVERSITY is a contractor located in CT, doing primarily Pharmaceuticals > Research and Development work for Veterans Affairs. The company receives $1M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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 1 - New England Health Care System»Manchester VA Medical Center (Manchester, NH)

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