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Department of Health and Human Services Awarded a Contract to CVS HEALTHSPIRE PAYOR & LIFE SCIENCES LLC for $75,000,000.00

Signed on

9/27/2024, 12:00 AM

CVS HEALTHSPIRE PAYOR & LIFE SCIENCES LLC Government Contract #75F40124D00042

CVS HEALTHSPIRE PAYOR & LIFE SCIENCES LLC was awarded a contract with the United States Government for $75,000,000.00. The contract was awarded by the agency office FDA OFFICE OF ACQ GRANT SVCS, which is a division with the Food and Drug Administration within the Department of Health and Human Services.

Summary of Award

The recipient of the federal contract is CVS HEALTHSPIRE PAYOR & LIFE SCIENCES LLC, a U.S.-owned business specializing in healthcare services. The contract, funded by the Food and Drug Administration under the Department of Health and Human Services, is for the "BEST Initiative #3" program related to surveillance of biologics, with a total value of $75,000,000. Notable aspects include no reported transactions and a total obligation of $10,000.

Contract Details

Contract ID75F40124D00042
Contract TypeIDV_B_B
Total Obligation$10,000.00
Exercised Options
Base Amount + Options$75,000,000.00
Date Signed2024-09-27
Contract DescriptionCENTER FOR BIOLOGICS EVALUATION AND RESEARCH (CBER) REQUIREMENT FOR BIOLOGICS EFFECTIVENESS AND SAFETY (BEST) INITIATIVE #3: HEALTH CARE DATA SOURCES FOR SURVEILLANCE OF BIOLOGICS (BEST 3)
Start Date2024-09-27
End Date2029-09-29

Agency Details

Awarding AgencyDepartment of Health and Human Services
Awarding Sub AgencyFood and Drug Administration
Awarding OfficeFDA OFFICE OF ACQ GRANT SVCS
Funding AgencyDepartment of Health and Human Services
Funding Sub AgencyFood and Drug Administration
Funding OfficeFDA OFFICE OF ACQ GRANT SVCS

Recipient Details

RecipientCVS HEALTHSPIRE PAYOR & LIFE SCIENCES LLC
Recipient Location151 FARMINGTON AVE HARTFORD CONNECTICUT, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00001$0.00June 11, 2025

Food and Drug Administration, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to CVS HEALTHSPIRE PAYOR & LIFE SCIENCES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$10,000.00September 27, 2024

Food and Drug Administration, a sub agency of Department of Health and Human Services, issued a payment of $10,000.00 to CVS HEALTHSPIRE PAYOR & LIFE SCIENCES LLC. The payment included a Subsidy Cost of $0.00.