Precision For Medicine, Inc.

Precision For Medicine, Inc. provides biorepository management and biospecimen storage, processing, tracking, and distribution services to the National Institutes of Health as a prime contractor operating exclusively through full-and-open competition with no set-asides. The company is a for-profit organization headquartered in Frederick, Maryland, with a subsidiary, Precision For Medicine (Tx), Inc., and competes entirely as a prime (100% of awards).

Precision For Medicine's federal footprint centers on NIH biorepository operations. The vendor holds two large single-award indefinite delivery contracts: a $98.8 million IDC with the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) running through May 2033 for maintenance, enhancement, and expansion of the NIDDK Biospecimen Repository, and a $10.1 million IDC with the National Heart, Lung, and Blood Institute (NHLBI) running through March 2029 for maintenance of the NHLBI Biologic Specimen Repository. Representative task-order work includes a $50.6 million delivery order against the NIDDK IDC for routine biorepository operations and biospecimen utilization support, an $8.8 million cost-plus-award-fee delivery order against the NHLBI IDC for specimen receipt, storage, tracking, and distribution, and a $1.3 million delivery order against the same NHLBI vehicle for Task Areas B and C. Beyond the two anchor IDCs, Precision For Medicine receives recurring purchase orders from the NIH Clinical Center for freezer repository storage services (averaging $200 thousand to $220 thousand per order), and holds a $31.4 million definitive contract with the National Institute of Allergy and Infectious Diseases (NIAID) for cryogenic storage and distribution of over 8 million HIV/AIDS research specimens, as well as a $10.5 million cost-plus-fixed-fee contract with the National Institute on Drug Abuse (NIDA) for biological specimen receipt, storage, management, and distribution.

Customer concentration is extreme. The top five NIH institutes and NIH Clinical Center account for 95% of combined potential value across the vendor's 44 prime awards. NIDDK anchors the dollars with $87.7 million potential value across three awards, NHLBI follows with $67.4 million across 16 awards, NIAID carries $63.9 million across three awards, and NIH Clinical Center accounts for $2.4 million across 10 awards. The divergence between award count and dollar magnitude reflects the structure of the vendor's business: NHLBI and NIDDK each anchor one large IDC generating task orders, while NIH Clinical Center issues numerous small purchase orders for freezer storage. The vendor also serves the Department of Veterans Affairs Veterans Health Administration Veterans Integrated Service Network 1 ($194 thousand across five awards).

On parent vehicles, Precision For Medicine places work under four primary IDCs: the $98.8 million NIDDK IDC (1 delivery order, $50.6 million), the $10.1 million NHLBI IDC (4 delivery orders, $12.6 million), HHSN268201600010I (8 task orders, $18.5 million combined potential value), and VA24114D0094 (4 task orders, $95 thousand). The SCI dataset shows the vendor is scaling its federal services delivery: FY2022 invoicing reached $7.6 million across 28.1 FTEs, growing to $12.4 million and 40.6 FTEs in FY2024. Across SCI-reportable prime contracts, Precision For Medicine self-performs all work (0% sub-hours share) and operates no subcontractor engagement. Government-paid hourly rates on these contracts span a median of $118.24 per hour, with rates ranging from a 10th percentile of $72.47 per hour to a 90th percentile of $267.06 per hour, reflecting a mix of specimen management technicians and senior scientific and program-management labor.

Recompete exposure in the next twenty-four months is minimal: only three awards with combined potential value of $2.7 million reach ultimate completion in that window. The vendor's activity has moderated from five awards in FY2023 to two in FY2025 and two in FY2026, though this reflects the shift to larger, longer-duration IDCs that generate task orders rather than standalone prime contracts. The category concentration confirms the biorepository focus: fourteen awards map to Research and Development in the Physical, Engineering, and Life Sciences, and fifteen awards fall under the Health R&D Services and Health Care Services PSC category, with five awards clustered in Operation of Other Warehouse Buildings (cryogenic and freezer storage infrastructure).