The centers for medicare and medicaid services is awarding contracts to audit the pricing of bids submitted by medicare advantage and prescription drug plan sponsors.

Active Awarded Last action

Contract number
75FCMC22F0089
Awardee
Awarding agency
Obligated
$5,708,917

Award facts

Opportunity
  • RFQAPP220335 Solicitation number
Contract value 100% obligated
$5,708,917.00 Current and potential, with all options
Completion date 85% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Windsor Mill, Milford Mill, MD 21244, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00008 $0
Exercise an Option P00007 $1,196,696
Exercise an Option P00006 $1,178,830
Other Administrative Action P00005 $0
Other Administrative Action P00004 $0
Exercise an Option P00003 $1,144,300
Exercise an Option P00002 $1,110,803
Other Administrative Action P00001 $0
Original award $1,078,288

About this award

The Centers for Medicare and Medicaid Services issued a delivery order to Richard H Sweetman IV on August 1, 2022, with a ceiling value of $5.7 million, under the Multiple Award Schedule (MAS) to audit the pricing of bids submitted by Medicare Advantage and Prescription Drug Plan sponsors and conduct actuarial review and estimates for prescription drug and Medicare Advantage plans.

Place of performance is Windsor Mill and Milford Mill, MD. The order runs through July 31, 2027, under firm fixed price terms with no set-aside.

Government invoicing grew substantially from FY2022 through FY2024. FY2022 saw $54 thousand invoiced across 0.1 FTEs and 138 contractor hours. FY2023 and FY2024 each recorded $1.1 million invoiced, 1.3 FTEs, and 2,682 contractor hours. The derived government-paid hourly rate rose consistently: $390.68/hr in FY2022, $404.47/hr in FY2023, and $416.67/hr in FY2024. The awardee self-performed all reported hours across all fiscal years with no subcontractors.

Quick answers

Who was awarded contract 75FCMC22F0089?

75FCMC22F0089 was awarded to Richard H Sweetman IV by Centers for Medicare and Medicaid Services (Department of Health and Human Services) on August 1, 2022.

How much is contract 75FCMC22F0089 worth?

The government has obligated $5,708,917 on 75FCMC22F0089.

Is contract 75FCMC22F0089 an order under another contract?

Yes. 75FCMC22F0089 is a delivery order under GS23F0164S, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 75FCMC22F0089 competed?

The extent of competition for 75FCMC22F0089 was full and open competition. The government received 3 offers.

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