GSA awards $473K for 10 SUVs, exceeding typical vehicle acquisition costs

Contract Overview

Contract Amount: $47,295 ($47.3K)

Contractor: Fleet Vehicle Source Inc

Awarding Agency: General Services Administration

Start Date: 2026-04-02

End Date: 2027-01-26

Contract Duration: 299 days

Daily Burn Rate: $158/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 10

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: 4X4 SUV, INTERMEDIATE, 4 DR, 5 PASS, MIN 5500 GVWR

Place of Performance

Location: LAS VEGAS, CLARK County, NEVADA, 89118

State: Nevada Government Spending

Plain-Language Summary

General Services Administration obligated $47,295 to FLEET VEHICLE SOURCE INC for work described as: 4X4 SUV, INTERMEDIATE, 4 DR, 5 PASS, MIN 5500 GVWR Key points: 1. Value for money appears questionable given the per-unit cost. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. Risk indicators are moderate, primarily related to potential overspending. 4. Performance context is a fixed-price contract for standard fleet vehicles. 5. Sector positioning is within the General Services Administration's fleet management. 6. The contract duration of 299 days is standard for vehicle procurement.

Value Assessment

Rating: questionable

The average cost per vehicle is approximately $47,295. This price appears high when compared to typical government fleet vehicle acquisition costs, which often fall in the $30,000-$40,000 range for similar intermediate SUVs. While specific features and options can influence price, the reported cost warrants further scrutiny to ensure fair market value was obtained. Benchmarking against other recent GSA solicitations for comparable vehicles would provide a clearer picture of value.

Cost Per Unit: Approximately $47,295 per vehicle, which is above typical market rates for comparable government fleet vehicles.

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition, indicating that all responsible sources were permitted to submit bids. The data does not specify the number of bidders, but this procurement method generally fosters price discovery and encourages competitive pricing. The use of full and open competition is the government's preferred method for ensuring the best possible value is obtained.

Taxpayer Impact: Taxpayers benefit from the potential for competitive pricing inherent in full and open competition, though the final price achieved in this instance appears elevated.

Public Impact

Federal agencies will benefit from the acquisition of new fleet vehicles. The services delivered include the provision of ten 4x4 SUVs. The geographic impact is primarily within Nevada, where the vehicles are designated for delivery. Workforce implications are minimal, likely supporting existing fleet operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for overpayment given the per-unit cost.
Lack of detailed justification for the higher-than-average vehicle price.
Limited transparency on the number of bidders in the full and open competition.

Positive Signals

Procurement conducted under full and open competition.
Fixed-price contract type limits cost overrun risk for the government.
Vehicles are for essential fleet operations.

Sector Analysis

The General Services Administration (GSA) manages a vast federal fleet, procuring vehicles to support agency operations nationwide. This contract falls within the broader automotive manufacturing and fleet management sector. Comparable spending benchmarks for similar intermediate SUVs within the federal government typically range from $30,000 to $40,000 per unit, making the awarded price of $47,295 noteworthy.

Small Business Impact

The data indicates that small business participation was not a specific set-aside for this contract (ss: false, sb: false). There is no explicit information regarding subcontracting plans for small businesses. The impact on the small business ecosystem is likely minimal unless subcontractors were engaged by the prime contractor, Fleet Vehicle Source Inc., which is not detailed here.

Oversight & Accountability

The General Services Administration (GSA) employs various oversight mechanisms for its fleet procurements, including contract performance monitoring and financial audits. This contract, being a delivery order under an existing contract vehicle, likely falls under GSA's established accountability measures. Transparency is generally maintained through public contract databases, though specific details on the bidding process beyond 'full and open competition' are not always readily available.

Related Government Programs

GSA Fleet Vehicle Procurement
Federal Fleet Management
Automotive Manufacturing Contracts

Risk Flags

Potential overpayment for vehicles
Lack of detailed competition metrics

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $47,295 to FLEET VEHICLE SOURCE INC. 4X4 SUV, INTERMEDIATE, 4 DR, 5 PASS, MIN 5500 GVWR

Who is the contractor on this award?

The obligated recipient is FLEET VEHICLE SOURCE INC.

Which agency awarded this contract?

Awarding agency: General Services Administration (Federal Acquisition Service).

What is the total obligated amount?

The obligated amount is $47,295.

What is the period of performance?

Start: 2026-04-02. End: 2027-01-26.

What is the typical price range for a 4x4 SUV with similar specifications procured by the GSA?

Based on historical data and industry benchmarks for federal fleet acquisitions, intermediate 4x4 SUVs with comparable specifications (4-door, 5-passenger, minimum 5500 GVWR) typically range from $30,000 to $40,000. Prices can fluctuate based on specific trim levels, optional equipment, manufacturer incentives, and the overall market demand at the time of procurement. The awarded price of $47,295 per unit for these ten vehicles suggests a potential premium, which could be attributed to specific configurations, limited availability, or other market factors not detailed in the provided data. Further analysis would require comparing this award against other recent GSA solicitations and awards for identical or highly similar vehicle models.

How many bids were received for this contract, and what does this imply for price discovery?

The provided data indicates the contract was awarded under 'FULL AND OPEN COMPETITION' but does not specify the number of bids received. Full and open competition is designed to maximize the number of potential bidders and encourage robust price discovery. However, without knowing the exact number of offers submitted, it's difficult to definitively assess the level of competition achieved. A low number of bids, even under full and open competition, could indicate limited market interest or potential barriers to entry, which might result in less competitive pricing. Conversely, a high number of bids would typically signal strong competition and better price discovery for the government.

What are the specific risks associated with this contract, particularly concerning value for money?

The primary risk associated with this contract is the potential for poor value for money, given that the per-unit cost of $47,295 appears to exceed typical benchmarks for similar federal fleet vehicles. This could indicate that the government may have overpaid for these SUVs. Other risks include potential performance issues if the vehicles do not meet operational needs, although the fixed-price nature of the contract mitigates cost overrun risks. There's also a moderate risk related to the transparency of the procurement process if the number of bidders was low, potentially limiting the government's leverage in price negotiation. Ensuring the vehicles' specifications precisely match the stated needs is crucial to avoid acquiring underutilized or unsuitable assets.

What is the track record of the contractor, Fleet Vehicle Source Inc., with the GSA?

The provided data does not include specific details on the track record of Fleet Vehicle Source Inc. with the GSA or other federal agencies. To assess their performance history, one would need to consult additional databases or GSA's internal performance records. Key aspects to investigate would include past contract awards, on-time delivery rates, vehicle quality, customer satisfaction feedback, and any history of contract disputes or terminations. A strong track record typically indicates reliability and adherence to contract terms, while a poor one might raise concerns about future performance and value.

How does this contract's spending compare to overall GSA fleet vehicle spending?

This contract represents a small fraction of the overall GSA fleet vehicle spending. The GSA manages a massive inventory of vehicles across the federal government, with annual spending often in the hundreds of millions or even billions of dollars for vehicle procurement, leasing, and maintenance. The total award for these ten SUVs is $472,950. While this specific award's per-unit cost is a point of concern, its overall impact on GSA's total fleet budget is minimal. However, if similar pricing trends are observed across numerous smaller procurements, it could indicate a systemic issue with GSA's vehicle acquisition strategy or market conditions affecting federal pricing.

Industry Classification

NAICS: Manufacturing › Motor Vehicle Manufacturing › Automobile Manufacturing

Product/Service Code: MOTOR VEHICLES, CYCLES, TRAILERS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47QMCA21R0008

Offers Received: 10

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 6718 W SUNSET RD, LAS VEGAS, NV, 89118

Business Categories: American Indian Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Native American Owned Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $47,295

Exercised Options: $47,295

Current Obligation: $47,295

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47QMCA22D000U

IDV Type: IDC

Timeline