Department of Veterans Affairs Awarded a Contract to UNIVERSITY OF MINNESOTA PHYSICIANS for $20,341,071.68

Q: Where is UNIVERSITY OF MINNESOTA PHYSICIANS located?

720 WASHINGTON AVE SE MINNEAPOLIS MINNESOTA UNITED STATES

Signed on

8/29/2023, 12:00 AM

UNIVERSITY OF MINNESOTA PHYSICIANS Government Contract #36C26323C0001

UNIVERSITY OF MINNESOTA PHYSICIANS was awarded a contract with the United States Government for $20,341,071.68. The contract was awarded by the agency office NETWORK CONTRACT OFFICE 23 (36C263), 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 the University of Minnesota Physicians, located in Minneapolis, Minnesota. The contract, awarded by the Department of Veterans Affairs, is for Cardiovascular & Thoracic Surgery Services, with a total value of $20,341,071.68. The funding is from the Department of Veterans Affairs, and the contract was signed on August 29, 2023. The recipient is a U.S.-Owned Business under multiple business categories. There are no notable transactions listed for this contract at this time.

Contract Details

Contract ID36C26323C0001

Contract TypeD

Total Obligation$11,621,553.48

Exercised Options$11,621,553.48

Base Amount + Options$20,341,071.68

Date Signed2023-08-29

Contract DescriptionCARDIOVASCULAR & THORACIC SURGERY SERVICE

Start Date2023-09-01

End Date2026-08-31

Agency Details

Awarding AgencyDepartment of Veterans Affairs

Awarding Sub AgencyDepartment of Veterans Affairs

Awarding OfficeNETWORK CONTRACT OFFICE 23 (36C263)

Funding AgencyDepartment of Veterans Affairs

Funding Sub AgencyDepartment of Veterans Affairs

Funding Office618-MINNEAPOLIS VA MED CTR (00618)

Recipient Details

RecipientUNIVERSITY OF MINNESOTA PHYSICIANS

Recipient Location720 WASHINGTON AVE SE MINNEAPOLIS MINNESOTA, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Tax Exempt, Nonprofit Organization, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00004 | $4,359,759.06August 13, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $4,359,759.06 to UNIVERSITY OF MINNESOTA PHYSICIANS. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $-1,457,723.72February 12, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-1,457,723.72 to UNIVERSITY OF MINNESOTA PHYSICIANS. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $4,359,759.06June 3, 2024

Transaction #P00001 | $0.00February 16, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $0.00 to UNIVERSITY OF MINNESOTA PHYSICIANS. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $4,359,759.08August 29, 2023

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $4,359,759.08 to UNIVERSITY OF MINNESOTA PHYSICIANS. The payment included a Subsidy Cost of $0.00.