HHSN263201600031B - O/M ITEMS ONLY: MEDIA/BLOOD/BLOOD PRODUCTS/BIO. MA...

This BPA contract for Pharmaceuticals > Pharmaceutical Products, Medical Equipment & Supplies > Medical Supplies/Equipment, Test & Measurement Supplies, Petro-Chemical Industries > Industrial Products & Services was awarded in FY2016 on November 23, 2015 to Quality Biological Inc by NIH Office of Logistics and Acquisition Operations (OLAO). There have been $1.5M in obligations to date with a ceiling value of $1.5M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 8 year duration with ultimate completion date of November 29, 2023.

Quality Biological Inc is a contractor located in MD, doing primarily Healthcare > Research and Development work for Health and Human Services. The company receives $3.2M 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

Health and Human Services » National Institutes of Health » NIH Office of the Director » NIH Office of Management » NIH Office of Logistics and Acquisition Operations (OLAO)

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