FierceMedicalDevices.com is reporting that "Zimmer Holdings has signed a deal with the Defense Department that could run through 2015. The company will be awarded 'a maximum $13,475,000 fixed-price with economic price adjustment, sole-source, indefinite-delivery/indefinite-quantity contract for orthopedic implantation products," according to a DoD statement on contracts. The services involved are the Army, Navy, Air Force and Marine Corps. The contract runs for one year with an option for four one-year options through March 31, 2015.'" (emphasis added).
Click here for the DoD contract (scroll down). The Defense Logistics Agency Troop Support, Philadelphia, Pa., is the contracting activity (SPM2DE-11-D-7232).
Hmmmmm . . . I thought the days of DoD sole-source contracts were over. Anybody have the scoop on this? Let's hope our troops get the best and taxpayers don't get ripped off.