Department of Veterans Affairs Awarded a Contract to WAVE STRATEGY LLC for $105,000.00

Summary of Award

The contract in question, identified by Award ID "36C24E23P0111", represents a significant investment by the United States federal government, specifically within the Department of Veterans Affairs (VA). This purchase order, finalized on July 14, 2023, allocates resources to the APT Center Market Assessment Services. The contract, categorized as a "Purchase Order" with a total obligation of $99,000, is structured to execute a firm-fixed-price payment strategy, indicating a clear budgetary commitment and expectation of deliverables.

### Recipient: Wave Strategy LLC

The recipient of this contract is Wave Strategy LLC, headquartered in Cleveland, Ohio. This company operates as a small business and is involved in Administrative Management and General Management Consulting Services, classified under the North American Industry Classification System (NAICS) code 541611. Wave Strategy LLC exhibits several notable business categories, including Minority Owned Business, Service Disabled Veteran Owned Business, Woman Owned Business, and a range of other special designations, highlighting its diverse ownership and qualifications. The business holds the distinction of being a U.S.-Owned entity, with strategic advantages in federal contracting due to its certified small business status and total set-aside for small business competition. Located at 6001 Euclid Ave Ste 300, their proximity to a major urban center offers logistical convenience for the execution of federally contracted projects. ### Overview of the Contract The overarching goal of this contract is encapsulated by the description "APT CENTER MARKET ASSESSMENT SERVICES." Wave Strategy LLC is tasked with providing research and development services that align with health R&D efforts. This project fits within the broader goals of the VA to enhance healthcare services through innovative strategies, specifically targeting a market assessment of the APT Center's capabilities and opportunities. A notable aspect of this contract is its focus on "Commercial Products/Services," reflecting a desire from the federal government to leverage standardized solutions available in the market rather than developing bespoke solutions. The period of performance spans from July 10, 2023, to July 9, 2025, with a potential extension to July 2026, underscoring the project’s forward-looking and evaluative nature. ### Transactions and Financial Flow A series of transactions have been logged since the contract’s inception, providing insights into the financial flow and modifications within this federal agreement: 1. **Initial Funding (July 14, 2023):** The earliest transaction records an allocation of $63,000 to Wave Strategy LLC. This represents the opening portion of the total obligated amount, designed to cover initial assessment operations and foundational activities related to the contract’s objectives. 2. **Subsequent Transactions:** - On June 24, 2024, an additional $36,000 was allocated, bringing the total disbursement to $99,000—the complete obligation under this award. - Significantly, on March 7, 2025, another transaction was logged, although notably bearing a ‘Transaction Amount’ of zero, which suggests a modification or assessment action that didn't require further financial disbursement but may have pertained to contractual changes. - Finally, on April 10, 2025, a negative transaction of $36,000 was recorded. This peculiar entry typically signifies a de-obligation of funds, which could indicate either completion of certain project elements under budget or a retraction of funds due to a change in project scope or requirements. ### Competitive and Contractual Context The competitive landscape indicates that this contract was awarded following a simplified acquisition process, with two offers received. The contract was fully competed under the Small Business Set-Aside program, reinforcing the directive to engage smaller enterprises in fulfilling federal requirements. Wave Strategy LLC's engagement in this contract aligns with the strategic goals of the Department of Veterans Affairs to improve services and infrastructure through efficient management and consulting services. The contract’s structure reflects a commitment to supporting minority-owned and veteran-centric small businesses, in line with federal policies aimed at fostering diversity within government procurement. ### Conclusion The awarded contract between the federal government and Wave Strategy LLC underscores a significant investment in analytical insight and strategic improvement of healthcare services offered by the Department of Veterans Affairs. The structured transaction history and modifications provide a narrative of fiscal management and project adaptations over time. Through this commitment, Wave Strategy LLC is poised to contribute to the VA's objectives of improving healthcare infrastructures, drawing on its experienced leadership and preferred business classifications. This collaboration not only strengthens the operational capabilities of the VA but also champions a robust partnership with a small, minority-owned business, reflecting broader federal mandates for inclusive and effective utilization of national business assets to achieve public service goals.