Hello, Guest!

3 COVID-19 Test Suppliers Secure $1.9B in American Rescue Plan Act Funds

The Army Contracting Command has obligated nearly $2 billion in American Rescue Plan Act funds to procure COVID-19 rapid antigen tests from three domestic suppliers.

Twenty bids were submitted for the firm-fixed-price contracts through an online-based solicitation process, the Department of Defense said Friday.

The total funding allocation breaks down to $1.27 billion for iHealth Labs, $340 million for Roche Diagnostics and $306 million for Abbott Rapid Dx North America.

Work will take place at the companies’ facilities in California, Indiana and Florida. The Pentagon expects contractor services to be complete by March 14, 2022.

President Joe Biden signed the $1.9 trillion American Rescue Plan Act in March 2021 as a spending package for the country’s pandemic response and economic recovery efforts.

Video of the Day

Related Articles