State Department leases furniture for $115K, highlighting consumer goods rental needs

Contract Overview

Contract Amount: $115,207 ($115.2K)

Contractor: Homat

Awarding Agency: Department of State

Start Date: 2026-04-01

End Date: 2026-08-30

Contract Duration: 151 days

Daily Burn Rate: $763/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 999

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: RENTAL OF FURNITURE &LT;1APR2026-31AUG2026&GT;

Plain-Language Summary

Department of State obligated $115,207.37 to HOMAT for work described as: RENTAL OF FURNITURE &LT;1APR2026-31AUG2026&GT; Key points: 1. Value for money appears reasonable given the short-term nature of the rental. 2. Competition dynamics indicate a full and open process, suggesting fair pricing. 3. Risk indicators are low due to the straightforward nature of furniture rental. 4. Performance context is limited to a 5-month period, suggesting a tactical need. 5. Sector positioning is within the broader consumer goods rental market.

Value Assessment

Rating: good

The contract value of $115,207.37 for a 5-month furniture rental period seems appropriate. Without specific details on the quantity and type of furniture, a direct comparison is difficult. However, the fixed-price nature of the contract provides cost certainty. Benchmarking against similar short-term government furniture rentals would offer further insight into value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. The presence of competition is generally positive for price discovery and ensures that the government receives competitive offers. The specific number of bidders is not provided, but the award method suggests a healthy competitive environment.

Taxpayer Impact: A full and open competition process helps ensure that taxpayer dollars are used efficiently by driving down prices through market forces.

Public Impact

The Department of State benefits from this contract by acquiring necessary furniture for its operations. Services delivered include the rental of furniture, supporting office or event needs. The geographic impact is likely localized to the Department of State's facilities. Workforce implications are minimal, primarily related to the setup and removal of furniture.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Awarded via full and open competition, suggesting a robust bidding process.
Fixed-price contract type provides cost predictability.
Short-term rental period minimizes long-term financial commitment.

Sector Analysis

The contract falls within the broader 'Other Consumer Goods Rental' category (NAICS 532289). This sector encompasses businesses that rent a wide array of consumer goods, including furniture, for temporary use. Government agencies frequently utilize such services for short-term needs, events, or temporary office setups, making this a common type of procurement. Market size for consumer goods rental is substantial, with government contracts forming a segment of this market.

Small Business Impact

There is no indication that this contract included a small business set-aside. The contract was awarded under full and open competition, which does not preclude small businesses from bidding but does not guarantee them a specific portion. Subcontracting implications are not specified, but for a furniture rental of this nature, significant subcontracting is unlikely.

Oversight & Accountability

The contract is subject to standard federal procurement oversight. Accountability is maintained through the fixed-price contract terms and the delivery order process. Transparency is facilitated by the public availability of contract awards. Inspector General jurisdiction would apply in cases of fraud, waste, or abuse.

Related Government Programs

Government Office Furniture Leases
Temporary Facility Furnishings
Event Equipment Rentals

Frequently Asked Questions

What is this federal contract paying for?

Department of State awarded $115,207.37 to HOMAT. RENTAL OF FURNITURE &LT;1APR2026-31AUG2026&GT;

Who is the contractor on this award?

The obligated recipient is HOMAT.

Which agency awarded this contract?

Awarding agency: Department of State (Department of State).

What is the total obligated amount?

The obligated amount is $115,207.37.

What is the period of performance?

Start: 2026-04-01. End: 2026-08-30.

What specific types and quantities of furniture were included in this rental contract?

The provided data does not specify the exact types and quantities of furniture rented under this contract. The description 'RENTAL OF FURNITURE' is general. To fully assess the value for money, details on the furniture items (e.g., desks, chairs, tables, lounge furniture) and their quantities would be necessary. This information is typically found in the detailed statement of work or the solicitation documents associated with the contract award.

How does the rental cost compare to purchasing similar furniture outright for the 5-month period?

A direct comparison between renting and purchasing requires detailed cost analysis. For a short-term need of 5 months, renting is often more cost-effective than purchasing, especially when considering the costs associated with acquisition, maintenance, storage, and disposal of furniture. However, if the furniture were to be used for a significantly longer period, purchasing might become more economical. The $115,207.37 cost for 5 months needs to be evaluated against the total cost of ownership if purchased.

What is the typical duration for government furniture rental contracts?

Government furniture rental contracts can vary widely in duration, from short-term needs for specific events or temporary assignments (weeks to months) to longer-term requirements for new facilities or extended deployments (years). This contract, with a duration of approximately 5 months (April 1, 2026, to August 30, 2026), falls into the shorter-term category. Longer-term needs are often met through lease agreements or direct purchase.

Were there any past performance issues with the contractor, HOMAT, on previous government contracts?

The provided data does not include information on the past performance of the contractor, HOMAT. Assessing past performance is a crucial part of the procurement process, especially for larger or more complex contracts. Agencies typically review contractor performance records, including any documented issues or successes, when making award decisions. Without access to the contractor's performance history, a complete risk assessment is limited.

What is the historical spending trend for furniture rental by the Department of State?

The provided data does not offer historical spending trends for furniture rental by the Department of State. Analyzing past spending patterns would provide context on whether this $115,207.37 contract is an outlier, a continuation of a regular need, or an increase/decrease in furniture rental expenditure. Such analysis would require access to historical contract databases and spending reports for the agency.

Industry Classification

NAICS: Real Estate and Rental and Leasing › Consumer Goods Rental › All Other Consumer Goods Rental

Product/Service Code: LEASE/RENT EQUIPMENT › LEASE OR RENTAL OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 999

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 2 RUE DE LA PATURE, CARRIERES-SUR-SEINE

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign Owned, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $115,207

Exercised Options: $115,207

Current Obligation: $115,207

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 19FR6326D0013

IDV Type: IDC

Timeline