Prescription Drug Spending Estimates
Forecast Recompete Updated
- Agency
-
Centers for Medicare and Medicaid Services
Department of Health and Human Services
- Solicitation expected
- Estimated value
- $500,000 to $1,000,000
- Set-aside
- Not on record
Forecast facts
- Incumbent contract
-
- 75FCMC24C0016 Federal contract award held by Iqvia Government Solutions Inc. Ends May 16, 2027 · Value with all options $508,006
- Previous solicitation
- Prescription Drug Spending Estimates FY2024 Award Notice · RFQAPPNO240976 · Posted May 22, 2024
- Anticipated award
- Acquisition strategy
- Follow-on to Existing Contract
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- Forecast number
- 270588
- Points of contact
Forecast details come from CMS's procurement forecast. Agencies' dates and values are estimates.
About this forecast
The Centers for Medicare and Medicaid Services (CMS) is forecasting a recompete to purchase descriptive statistical data on the prescription drug industry, with an estimated solicitation release on February 2, 2027 and an estimated award on May 11, 2027. The data will support expenditure estimates for prescription drugs within the National Health Expenditure Accounts, and the National Health Statistics Group within the Office of the Actuary (OACT) is the requiring organization. The forecast lists the action type as sole source and the set-aside as to be determined.
The estimated award value range is $500,000 to $1,000,000, and the current fiscal year value range is $150,000 to under $500,000. The estimated period of performance starts May 17, 2027. Points of contact are Todd Caldis (todd.caldis@cms.hhs.gov, +14107861217, HHS.gov) and Elliott Sloan, Contracting Officer (elliott.sloan@cms.hhs.gov, +14107860320, CMS).
This forecast recompetes Contract 75FCMC24C0016, awarded to IQVIA Government Solutions Inc. on May 17, 2024 as a firm fixed-price definitive contract with no set-aside, valued at $508,006 in both obligated dollars and ceiling and running through May 16, 2027. The contract purchases national health accounts data to update the 2023-2026 National Health Expenditures Accounts retail prescription drug expenditures estimate and other CMS projects, with service contract inventory reporting $188,000 invoiced in FY2024 and $157,000 in FY2025.
Forecast text
The National Health Statistics Group (NHSG) within the Office of the Actuary (OACT) is seeking to purchase descriptive statistical data on the prescription drug industry. This data will support the development of expenditure estimates for prescription drugs as part of the National Health Expenditure Accounts.
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