Deobligate and close out the contract
Ended Definitive Contract Awarded Last action
- Contract number
- 75A50118C00015
- Awardee
-
Spero Therapeutics, Inc. UEI NX34PL7NZW24
- Awarding agency
-
Office of the Assistant Secretary for Preparedness and Response
Department of Health and Human Services
- Obligated
- $49,196,134
Award facts
- Opportunity
-
- Biomedical Advanced Research and Development Authority (BARDA) Broad Agency Announcement (BAA) Pre-Solicitation · BAA18100SOL00003 · Posted Oct 16, 2017
- Contract value 100% obligated
- $49,196,133.50 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541714 Research and Development in Biotechnology (except Nanobiotechnology)
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Negotiated Proposal / Quote
- Pricing
- Cost Sharing
- Place of performance
- Cambridge, MA 02139, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$537,178 | |
| Supplemental Agreement for work within scope | -$61,888 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $6,422,390 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $11,697,110 | |
| Supplemental Agreement for work within scope | $641,630 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $12,498,467 | |
| Supplemental Agreement for work within scope | -$12,498,467 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $12,900,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $2,476,034 | |
| Original award | $15,658,035 |
Show all 23
About this award
The Office of the Assistant Secretary for Preparedness and Response (ASPR) awarded a definitive contract to Spero Therapeutics, Inc. for development of SPR994, an oral carbapenem for treatment of drug-resistant gram-negative bacterial infections, with a ceiling value of $49.7 million and an ultimate completion date of October 31, 2026. The contract is cost-shared and carries no set-aside.
Work is performed in Cambridge, MA. The contract originated from a Broad Agency Announcement posted by the Biomedical Advanced Research and Development Authority (BARDA) on October 16, 2017, seeking advanced research and development of medical countermeasures against chemical, biological, radiological, nuclear, and pandemic influenza threats. The solicitation anticipated multiple awards ranging from $750,000 to $8 million with periods of performance tied to development milestones and FDA approval or licensure objectives.
Most recent government-invoiced activity (FY2024) reflects 0.2 FTEs and 333 contractor hours with a derived hourly rate of $44,557.30 per hour, with Spero Therapeutics self-performing all reported hours. The contract has experienced a significant rise in derived hourly rates over its multi-year performance, from $2,350.03 per hour in FY2021 (when 2.7 FTEs and 5,677 contractor hours were invoiced at $13.3 million) to the FY2024 rate, reflecting a shift toward higher-value technical and regulatory milestones in the drug development lifecycle. Modification P00021 de-obligated $61,887.86.
Quick answers
Who was awarded contract 75A50118C00015?
75A50118C00015 was awarded to Spero Therapeutics, Inc. by Office of the Assistant Secretary for Preparedness and Response (Department of Health and Human Services) on July 12, 2018.
How much is contract 75A50118C00015 worth?
The government has obligated $49,196,134 on 75A50118C00015.
Was contract 75A50118C00015 competed?
The extent of competition for 75A50118C00015 was full and open competition. The government received 1 offer.
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