GSA awards $42,867 contract for 4x2 vans to LMK Innovative Vehicle Solutions Europe GmbH

Contract Overview

Contract Amount: $42,867 ($42.9K)

Contractor: LMK Innovative Vehicle Solutions Europe Gmbh

Awarding Agency: General Services Administration

Start Date: 2026-04-07

End Date: 2026-08-19

Contract Duration: 134 days

Daily Burn Rate: $320/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 13

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: 4X2 VAN WAGON, COMPACT, 7 PASSENGER, EURO

Plain-Language Summary

General Services Administration obligated $42,867 to LMK INNOVATIVE VEHICLE SOLUTIONS EUROPE GMBH for work described as: 4X2 VAN WAGON, COMPACT, 7 PASSENGER, EURO Key points: 1. Contract awarded via full and open competition, suggesting a competitive bidding process. 2. The contract is for a specific vehicle type (4x2 van, 7 passenger) indicating specialized needs. 3. The duration of the delivery order is relatively short, suggesting a focused procurement. 4. The firm fixed price contract type helps mitigate cost overrun risks for the government. 5. The awardee, LMK Innovative Vehicle Solutions Europe GmbH, is a European entity, potentially indicating international sourcing or specific vehicle availability. 6. The North American Industry Classification System (NAICS) code 336110 points to the automobile manufacturing sector.

Value Assessment

Rating: fair

The contract value of $42,867 for a 4x2 van with a 7-passenger capacity appears to be within a reasonable range for specialized vehicle procurement. Benchmarking against similar government contracts for light-duty vehicles would provide a more precise value-for-money assessment. The firm fixed price structure is a positive indicator for cost control. However, without detailed specifications and market comparisons for this specific European model, a definitive value assessment is challenging.

Cost Per Unit: N/A

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 presence of 13 bids suggests a healthy level of competition for this requirement. A competitive process generally leads to better price discovery and potentially more favorable terms for the government. The number of bidders is a good indicator that the market was adequately reached.

Taxpayer Impact: The full and open competition ensures that taxpayer dollars are likely being used efficiently by driving down prices through market forces. This approach maximizes the opportunity to secure the best possible value.

Public Impact

The General Services Administration (GSA) benefits by acquiring necessary vehicles for its operations. Federal agencies utilizing GSA's Federal Acquisition Service will have access to these vehicles. The contract supports the operational needs of federal agencies requiring light-duty, multi-passenger vehicles. The procurement impacts the automotive manufacturing sector, specifically companies capable of producing specialized vans.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for higher costs if the European vehicle is significantly more expensive than comparable domestic options.
Logistical challenges and lead times associated with sourcing vehicles from Europe.
Limited long-term performance data available for this specific vehicle model in government service.

Positive Signals

Firm fixed price contract mitigates risk of cost overruns.
Full and open competition suggests a competitive market and potentially good value.
Specific vehicle type addresses a defined operational requirement.

Sector Analysis

This contract falls within the broader automotive manufacturing sector, specifically NAICS code 336110. This sector is characterized by large-scale production of vehicles. Government procurement of vehicles, even specialized ones, represents a small but consistent portion of the overall market. Benchmarking against other government vehicle procurements, particularly for light-duty vans, would be relevant for assessing pricing and value.

Small Business Impact

The data indicates that small business participation was not a primary focus for this specific award, as the 'sb' field is false and 'ss' is false. There is no explicit mention of small business set-asides or subcontracting plans. This suggests that the competition likely favored larger manufacturers or those with established international supply chains. The impact on the small business ecosystem is likely minimal for this particular contract.

Oversight & Accountability

The General Services Administration (GSA) typically employs robust oversight mechanisms for its procurements through the Federal Acquisition Service. This contract, being a delivery order under a larger contract vehicle, would be subject to GSA's internal controls and auditing processes. Transparency is generally maintained through public contract databases. Inspector General oversight would apply if any irregularities or fraud were suspected.

Related Government Programs

GSA Fleet Vehicle Procurement
Light Duty Vehicle Contracts
Automotive Manufacturing Contracts

Risk Flags

International Sourcing Risk
Maintenance and Repair Accessibility
Potential for Higher Unit Cost Compared to Domestic Equivalents

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $42,867 to LMK INNOVATIVE VEHICLE SOLUTIONS EUROPE GMBH. 4X2 VAN WAGON, COMPACT, 7 PASSENGER, EURO

Who is the contractor on this award?

The obligated recipient is LMK INNOVATIVE VEHICLE SOLUTIONS EUROPE GMBH.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $42,867.

What is the period of performance?

Start: 2026-04-07. End: 2026-08-19.

What is the track record of LMK Innovative Vehicle Solutions Europe GmbH with the federal government?

As of the provided data, there is no specific information detailing the track record of LMK Innovative Vehicle Solutions Europe GmbH with the federal government. The award itself is a single data point. Further investigation into federal procurement databases like FPDS-NG or SAM.gov would be necessary to ascertain any prior contract history, performance reviews, or past issues. Understanding their experience with government contracts, especially similar vehicle procurements, is crucial for assessing reliability and performance potential. Without this historical context, it's difficult to gauge their established relationship with federal agencies or their demonstrated ability to meet government standards and delivery timelines.

How does the price of this van compare to similar government vehicle procurements?

The contract value of $42,867 for a 4x2 van, 7-passenger, Euro model is difficult to benchmark precisely without more detailed specifications and market data. Government contracts for light-duty vehicles can vary significantly based on make, model, features, and volume. For instance, standard GSA fleet vehicles might be procured at lower per-unit costs through large-scale, multi-year contracts. However, specialized vehicles, especially those sourced internationally or with specific configurations like this one, may command higher prices. A comparative analysis would require identifying contracts for similar passenger vans awarded around the same period, noting their specifications, competition levels, and final prices. The fact that this is a single delivery order under a broader contract suggests it might not represent the absolute lowest possible price achievable through massive fleet-wide agreements.

What are the primary risks associated with this contract?

The primary risks associated with this contract include potential delivery delays due to the international sourcing of the vehicle, as LMK Innovative Vehicle Solutions Europe GmbH is based in Europe. There's also a risk related to maintenance and repair, as accessing specialized parts or qualified service centers for a European model within the US could be more challenging and costly compared to domestically produced vehicles. Furthermore, if the vehicle's specifications are highly unique, finding compatible equipment or modifications in the future might pose difficulties. Finally, while the contract is firm fixed price, unforeseen logistical issues or changes in international trade regulations could introduce complexities, although the price itself is locked.

How effective is the firm fixed price contract type in managing costs for this procurement?

The firm fixed price (FFP) contract type is generally considered highly effective in managing costs for procurements like this one, especially when the scope of work is well-defined, as it is with the purchase of a specific vehicle model. Under an FFP agreement, the contractor bears the primary responsibility for any cost overruns, providing a strong incentive for them to manage their expenses efficiently. For the government, this means the total price is known upfront, allowing for predictable budgeting and eliminating the risk of unexpected cost increases. This structure is particularly beneficial for acquiring standard goods like vehicles where specifications are clear and market prices can be reasonably estimated. The government's risk is primarily limited to ensuring the contractor meets the quality and delivery requirements.

What does the number of bidders (13) indicate about the market for this type of vehicle?

The fact that 13 bids were received for this contract indicates a reasonably competitive market for this specific type of vehicle, or at least for vehicles that meet the general requirements outlined by the General Services Administration (GSA). A higher number of bidders typically suggests that the requirement was well-publicized and that multiple companies possess the capability and interest to fulfill it. This level of competition is beneficial for the government as it increases the likelihood of receiving competitive pricing and potentially innovative solutions. It also suggests that the barriers to entry for bidding on this type of contract are not prohibitively high for qualified firms, contributing to a healthier procurement environment and better value for taxpayer money.

Industry Classification

NAICS: Manufacturing › Motor Vehicle Manufacturing › Automobile and Light Duty Motor Vehicle Manufacturing

Product/Service Code: MOTOR VEHICLES, CYCLES, TRAILERS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 13

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: FRIEDRICH-EBERT-ANLAGE 49, FRANKFURT

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

Financial Breakdown

Contract Ceiling: $42,867

Exercised Options: $42,867

Current Obligation: $42,867

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 47QMCA25D0005

IDV Type: IDC

Timeline