Department of Veterans Affairs Awarded a Contract to PALISADE-HERITAGE JV LLC for $539,522.68

Q: Where is PALISADE-HERITAGE JV LLC located?

750 CANYON DR STE 120 COPPELL TEXAS UNITED STATES

Signed on

3/26/2024, 12:00 AM

PALISADE-HERITAGE JV LLC Government Contract #36C24524N0272

PALISADE-HERITAGE JV LLC was awarded a contract with the United States Government for $539,522.68. The contract was awarded by the agency office 245-NETWORK CONTRACT OFFICE 5 (36C245), which is a division with the Department of Veterans Affairs within the Department of Veterans Affairs.

Summary of Award

The recipient of the federal contract is PALISADE-HERITAGE JV LLC, a U.S.-Owned Small Business that provides Third-Party Administration of Insurance for Pharmaceutical Prescription Benefits Services. The contract, funded by the Department of Veterans Affairs, is for Pharmacy Services and is worth $539,522.68. Notable transactions include a payment of $1,500,000 on 2024-09-17 and a payment of $400,000 on 2024-03-26 related to the contract.

Contract Details

Contract ID36C24524N0272

Contract TypeA

Total Obligation$539,522.68

Exercised Options$539,522.68

Base Amount + Options$539,522.68

Date Signed2024-03-26

Contract DescriptionTHIRD-PARTY ADMINISTRATION OF INSURANCE FOR PHARMACEUTICAL PRESCRIPTION BENEFITS SERVICES

Start Date2024-04-01

End Date2025-03-31

Agency Details

Awarding AgencyDepartment of Veterans Affairs

Awarding Sub AgencyDepartment of Veterans Affairs

Awarding Office245-NETWORK CONTRACT OFFICE 5 (36C245)

Funding AgencyDepartment of Veterans Affairs

Funding Sub AgencyDepartment of Veterans Affairs

Funding Office581 HUNTINGTON (00581)(36C581)

Recipient Details

RecipientPALISADE-HERITAGE JV LLC

Recipient Location750 CANYON DR STE 120 COPPELL TEXAS, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00002 | $-1,360,477.32July 15, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-1,360,477.32 to PALISADE-HERITAGE JV LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $1,500,000.00September 17, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $1,500,000.00 to PALISADE-HERITAGE JV LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $400,000.00March 26, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $400,000.00 to PALISADE-HERITAGE JV LLC. The payment included a Subsidy Cost of $0.00.