Up to $60M to 3 Firms for Pharmaceutical Logistics Contracts

Taking Stock
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The Defense Supply Center Philadelphia, PA, awarded 3 contracts worth up to $60 million for a Department of Defense pharmaceutical reverse distribution program.

The program enables the return of and credit for overstocked, expired, and in-dated pharmaceutical products.

The 3 firms receiving the pharmaceutical reverse distribution program contracts are:

• Guaranteed Returns in Holbrook, NY received a maximum $20 million indefinite-quantity service type contract (SPM200-07-D-5201). This contract is exercising the second option year period.

• Small business qualifier Pharma Logistics in Mundelin, IL received a maximum $20 million indefinite-quantity service type contract (SPM200-07-D-5205). This contract is exercising the second option year period.

• EXP Pharmaceutical Services Corp. in Fremont, CA received a maximum $20 million indefinite-quantity service type contract (SPM200-07-D-5206). This contract is exercising the second option year period.

The date of performance completion for all 3 contracts is Sept. 30, 2010.