0
Department of Veterans Affairs Awarded a Contract to POLYMEDCO LLC for $1,146,103.70
Signed on
12/1/2019, 12:00 AM
POLYMEDCO LLC Government Contract #36C24620A0004
POLYMEDCO LLC was awarded a contract with the United States Government for $1,146,103.70. The contract was awarded by the agency office 246-NETWORK CONTRACTING OFFICE 6 (36C246), which is a division with the Department of Veterans Affairs within the Department of Veterans Affairs.
Summary of Award
The contract at the heart of this analysis is a Blanket Purchase Agreement (BPA) identified as "CONT_IDV_36C24620A0004_3600" between the U.S. federal government’s Department of Veterans Affairs and a U.S.-owned business named Polymedco LLC. The contract has a primary focus on providing automated fecal occult blood analyzers and associated supplies, which are crucial for laboratories conducting medical diagnostics.
**Contract Overview**
The Department of Veterans Affairs, with its agency code 036, acts as both the awarding and the funding agency for this agreement, highlighting their role in managing veteran healthcare facilities and services. The agreement was signed on December 1, 2019, and is set to run through November 30, 2024, covering a five-year operational window. Despite a commitment cap of $0 in immediate obligations, the contract has a potential cap of $1,146,103.70, indicating its scope for covering an extensive range of supplies and services as options are exercised.
The primary description of the contract concerns automated fecal occult blood analyzers and supplies. Analyzers like these are a significant element in medical laboratories for early detection of colorectal abnormalities, which crosses into the general medical service and prevention categories provided to veterans.
**Recipient Analysis**
The recipient, Polymedco LLC, operates from Cortlandt Manor in New York, specifically at 510 Furnace Dock Road. They are registered as a small business, not tax-exempt, and fall under several business categories including being recognized as a corporate entity and U.S.-owned. This indicates Polymedco’s role in contributing to American small business operations within specialized laboratory equipment sectors.
With the NAICS code "334516" listing them under Analytical Laboratory Instrument Manufacturing, Polymedco provides essential instrumentation crucial for medical laboratories. Their alignment with product and service code "6640" in Laboratory Equipment and Supplies demonstrates their market niche and specialization. Templated within the boundaries of “Navigational, Measuring, Electromedical, and Control Instruments Manufacturing,” Polymedco stands well-placed to deliver high-standard diagnostic equipment.
**Contract Structure Detail**
The contract's structure outlines a single award scenario, considering factors like full and open competition under competitive solicitation procedures. Despite only receiving a single offer, this could reflect niche market expertise. The setup as a Blanket Purchase Agreement (BPA) signifies arrangements where supplies can be requisitioned as needed without repetitive procurement orders. Polymedco is expected to comply with firm fixed pricing, offering financial predictability.
No federal subawards indicate that Polymedco operates as the principal vendor responsible for fulfilling contractual provisions under this agreement. With no specific executive financial details disclosed, this focuses the partnership squarely on procurement specifics rather than broader corporate disclosures, a common framework for government contracting at this scale.
**Agency and Programmatic Alignment**
The Department of Veterans Affairs' dual role underscores the organization's integrated structure for funding and operations, streamlined through the 246-Network Contracting Office 6. The absence of major program credits within the contract suggests a customized procurement fitting normal service channels rather than innovative program vectors.
**Conclusion and Impact**
This BPA supports not only the operational capacity of veteran service medical laboratories but adheres to efficient government spending principles. The strategic focus on outsourced instrument procurement through experienced business operators ensures the continuity of critical services for veterans while leveraging small business contributions.
This agreement underlines the symbiotic relationship between federal agencies and small businesses like Polymedco, translating successful contractual paradigms into enhanced medical outcomes for veterans. Notably, it showcases the underlying complexity and nuances of federal contracting that harmonizes veteran care mandates with robust procurement strategies.