Value based insurance design (VBID) model evaluation
Active Awarded Last action
- Contract number
- 75FCMC20F0001
- Awardee
-
The Rand Corporation UEI YY46Q97AEZA8
- Awarding agency
-
Centers for Medicare and Medicaid Services
Department of Health and Human Services
- Obligated
- $15,593,910
Award facts
- Contract value 100% obligated
- $15,624,375.00 Current and potential, with all options
- Completion date 82% complete
- Current and potential, with all options
- NAICS code
- 541720 Research and Development in the Social Sciences and Humanities
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 5 offers Multiple Award, Fair Opportunity
- Pricing
- Cost Plus Fixed Fee
- Place of performance
- Santa Monica, CA 90407, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Change Order | -$3,877,728 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $12,257,491 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $7,214,147 |
About this award
The Centers for Medicare and Medicaid Services issued a delivery order to The Rand Corporation on September 8, 2020, with a ceiling value of $15.62 million under the Research, Measurement, Assessment, Design, and Analysis 2 (RMADA 2) IDIQ. The order supports evaluation of the Value Based Insurance Design (VBID) model under Section 1115A authority granted by the Patient Protection and Affordable Care Act.
RMADA 2 is a cost-plus-fixed-fee indefinite delivery vehicle supporting research, measurement, and policy analysis services for CMS innovation initiatives. Place of performance is Santa Monica, CA. The ultimate completion date is March 7, 2028.
Rand's SCI invoicing reflects a moderate labor footprint that has scaled down since peak activity in FY2022–FY2023. FY2025 reported 2.6 FTEs and $1.5 million invoiced. Derived government-paid hourly rates remained stable across FY2021–FY2024, ranging from $236.54 to $266.46 per hour. In FY2025, Rand self-performed all reported hours with no subcontractors engaged on this delivery order. Cumulative invoiced revenue through FY2025 totals approximately $10.1 million against the $15.62 million ceiling.
Quick answers
Who was awarded contract 75FCMC20F0001?
75FCMC20F0001 was awarded to The Rand Corporation by Centers for Medicare and Medicaid Services (Department of Health and Human Services) on September 8, 2020.
How much is contract 75FCMC20F0001 worth?
The government has obligated $15,593,910 on 75FCMC20F0001. Its current value, with exercised options, is $15,624,375.
Is contract 75FCMC20F0001 an order under another contract?
Yes. 75FCMC20F0001 is a delivery order under 75FCMC19D0093, an indefinite delivery contract, on Research, Measurement, Assessment, Design, and Analysis 2 (RMADA 2).
Was contract 75FCMC20F0001 competed?
The extent of competition for 75FCMC20F0001 was full and open competition. The government received 5 offers.
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