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Department of Defense Awarded a Contract to NEUROLOGICA CORP. for $250,000,000.00
Signed on
8/3/2018, 12:00 AM
NEUROLOGICA CORP. Government Contract #SPE2D118D0014
NEUROLOGICA CORP. was awarded a contract with the United States Government for $250,000,000.00. The contract was awarded by the agency office DLA TROOP SUPPORT, which is a division with the Defense Logistics Agency within the Department of Defense.
Summary of Award
The US federal government awarded a contract to NeuroLogica Corp. for capital equipment related to imaging equipment and supplies in the medical, dental, and veterinary fields. The contract, with a total obligation of $250,000,000, falls under the category of an indefinite delivery/indefinite quantity (IDV) contract. The contract was signed on August 3, 2018, and is set to run until August 2, 2028.
NeuroLogica Corp. is located in Danvers, Massachusetts, and is a subsidiary of Samsung Electronics Co., Ltd. The company is a manufacturer of goods and is classified as a foreign-owned and U.S.-incorporated business. They offer imaging equipment and supplies for medical, dental, and veterinary purposes.
The contract was awarded by the Department of Defense, specifically the Defense Logistics Agency (DLA) Troop Support. The funding agency and awarding agency are both the Department of Defense, with the period of performance starting on August 3, 2018. The recipient of the contract, NeuroLogica Corp., has a parent company, Samsung Electronics Co., Ltd., which is a foreign-owned business.
The contract falls under the product or service code 6525 and the NAICS code 423450, which corresponds to medical, dental, and hospital equipment and supplies merchant wholesalers. The contract was awarded through a negotiated proposal/quote process, with full and open competition. The contract is a multiple award contract with fixed price and economic price adjustment.
The contract does not involve any fair opportunity limitations or commercial item test programs. It also does not require construction wage rates or cost or pricing data. The recipient is a foreign-owned business incorporated in the U.S., and the contract does not involve foreign funding.
Overall, the contract between the US federal government and NeuroLogica Corp. for capital equipment related to imaging equipment and supplies in the medical, dental, and veterinary fields is a significant agreement with a total obligation of $250,000,000. The contract is set to run for a period of ten years, with the recipient being a subsidiary of Samsung Electronics Co., Ltd., a foreign-owned business.