GSA awards $3,457 for 5-gallon paint pails under full and open competition

Contract Overview

Contract Amount: $3,457 ($3.5K)

Contractor: OSC Solutions Inc

Awarding Agency: General Services Administration

Start Date: 2026-04-08

End Date: 2026-04-15

Contract Duration: 7 days

Daily Burn Rate: $494/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: PAIL PLASTIC PAINT 5 GL

Place of Performance

Location: WEST PALM BEACH, PALM BEACH County, FLORIDA, 33407

State: Florida Government Spending

Plain-Language Summary

General Services Administration obligated $3,457.04 to OSC SOLUTIONS INC for work described as: PAIL PLASTIC PAINT 5 GL Key points: 1. Spending on paint pails is relatively low, indicating a niche requirement. 2. Competition was full and open, suggesting a healthy market for this product. 3. The fixed-price contract with economic price adjustment introduces some cost fluctuation risk. 4. Hardware manufacturing sector spending is generally stable, but specific product costs can vary.

Value Assessment

Rating: good

The price of $3,457.04 for an unspecified quantity of 5-gallon paint pails appears reasonable given the contract type and competition. Benchmarking is difficult without quantity, but the fixed-price with EPA suggests a standard market approach.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally leads to competitive pricing and ensures the government receives fair market value.

Taxpayer Impact: The competitive nature of this award suggests taxpayers are likely receiving a fair price for the paint pails procured.

Public Impact

Procurement of basic hardware supplies like paint pails supports essential government operations. The use of a BPA call streamlines the ordering process for recurring needs. Transparency in contract awards allows for public scrutiny of government spending.

Waste & Efficiency Indicators

Waste Risk Score: 100 / 10

Warning Flags

Economic price adjustment may lead to cost increases.
Short contract duration (7 days) could indicate urgent or limited need.

Positive Signals

Full and open competition ensures market access.
Fixed-price contract type provides cost certainty, barring EPA adjustments.

Sector Analysis

This procurement falls within the hardware manufacturing sector, specifically related to containers. Spending in this area is typically driven by construction, maintenance, and operational needs across various government agencies.

Small Business Impact

The data does not indicate whether small businesses participated in or were awarded this contract. Further analysis would be needed to determine small business impact.

Oversight & Accountability

The award was made via a BPA call, which is a mechanism for streamlined ordering against pre-negotiated terms. Oversight would focus on adherence to the BPA's terms and conditions.

Related Government Programs

Hardware Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Economic Price Adjustment (EPA) introduces cost uncertainty.
Short contract duration may limit long-term price stability.
Lack of quantity data prevents detailed unit cost analysis.
Small business participation is not specified.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $3,457.04 to OSC SOLUTIONS INC. PAIL PLASTIC PAINT 5 GL

Who is the contractor on this award?

The obligated recipient is OSC SOLUTIONS INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $3,457.04.

What is the period of performance?

Start: 2026-04-08. End: 2026-04-15.

What is the unit cost of the 5-gallon paint pails?

The provided data does not specify the quantity of 5-gallon paint pails procured for the total award amount of $3,457.04. Therefore, a precise unit cost cannot be determined. Further details on the number of units or the specific BPA call would be required for this calculation.

What is the risk associated with the economic price adjustment clause?

The economic price adjustment (EPA) clause allows for price changes based on fluctuations in market indices or material costs. This introduces a risk of increased spending if raw material prices or inflation rise significantly during the contract period, potentially exceeding initial budget expectations.

How effective is the full and open competition in ensuring value for this specific procurement?

Full and open competition is generally highly effective in ensuring value by fostering a competitive environment where multiple vendors vie for the contract. This typically drives down prices and encourages innovation. For a commodity like paint pails, this method is likely very effective in securing a fair market price.

Industry Classification

NAICS: Manufacturing › Hardware Manufacturing › Hardware Manufacturing

Product/Service Code: HARDWARE AND ABRASIVES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)

Evaluated Preference: NONE

Contractor Details

Address: 1100 NORTHPOINT PKWY, WEST PALM BEACH, FL, 33407

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $3,457

Exercised Options: $3,457

Current Obligation: $3,457

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSCC21A0002

IDV Type: BPA

Timeline