36C24221D0068 - HOME OXYGEN SERVICES FOR VETERAN BENEFICIARIES OF ...

This IDC contract for Medical Equipment & Supplies > Medical Supplies/Equipment was awarded in FY2021 on March 05, 2021 to PANAKEIA, LLC by VISN 2 - New York/New Jersey VA Health Care Network. There have been $8.9M in obligations to date with a ceiling value of $25.4M, showing a 35% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of December 30, 2026.

PANAKEIA, LLC is a contractor located in VA, doing primarily Medical Equipment & Supplies > Medical Supplies/Equipment work for Veterans Affairs. The company receives $12M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Buying Agency/Office

Veterans Affairs » Veterans Health Administration » VHA Medical Centers » VISN 2 - New York/New Jersey VA Health Care Network

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