36C24722A0047 - PSAS ARTIFICIAL LIMB

This BPA contract for Medical Equipment & Supplies > Medical Supplies/Equipment was awarded in FY2022 on May 18, 2022 to FLOYD BRACE COMPANY, INC. by VISN 7 - Southeast Network. There have been $833.3k in obligations to date with a ceiling value of $4M, showing a 21% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of May 30, 2027.

FLOYD BRACE COMPANY, INC. is a contractor located in SC, doing primarily Medical Equipment & Supplies > Medical Supplies/Equipment work for Veterans Affairs. The company receives $309.8k annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.

Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.

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Buying Agency/Office

Veterans Affairs » Veterans Health Administration » VHA Medical Centers » VISN 7 - Southeast Network

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