GSA awards $7.67M BPA Call to Wright Tool Company for hardware, with 22 offers received

Contract Overview

Contract Amount: $7,667 ($7.7K)

Contractor: Wright Tool Company, LLC

Awarding Agency: General Services Administration

Start Date: 2025-11-04

End Date: 2025-11-13

Contract Duration: 9 days

Daily Burn Rate: $852/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 22

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: BAR, EXTENSION, SOLID:SEE ITEM PURCHASEDESCRIPTION IN BPAFOREIGN ITEM FROM TAIWANIS APPROVED

Place of Performance

Location: WARREN, MACOMB County, MICHIGAN, 48091

State: Michigan Government Spending

Plain-Language Summary

General Services Administration obligated $7,667.21 to WRIGHT TOOL COMPANY, LLC for work described as: BAR, EXTENSION, SOLID:SEE ITEM PURCHASEDESCRIPTION IN BPAFOREIGN ITEM FROM TAIWANIS APPROVED Key points: 1. Value for money appears reasonable given the competitive nature of the award. 2. Strong competition with 22 offers suggests a healthy market for these hardware goods. 3. Potential risk indicators include the fixed-price with economic price adjustment (EPA) clause, which could lead to cost increases. 4. Performance context is within the General Services Administration's Federal Acquisition Service, indicating a standardized procurement process. 5. Sector positioning is within wholesale hardware, a mature and competitive market. 6. The contract type (Fixed Price with EPA) requires careful monitoring of price fluctuations.

Value Assessment

Rating: good

The award of $7.67 million under a BPA Call suggests a pre-negotiated framework agreement was leveraged. With 22 offers received, the pricing is likely competitive. However, the inclusion of an economic price adjustment clause warrants attention, as it allows for price increases based on market conditions, potentially impacting the final value for money. Benchmarking against similar hardware procurements would provide further insight into the reasonableness of the unit prices.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition, with 22 offers received. This high level of competition is a positive sign, indicating that multiple vendors were able to bid on the requirement. A robust bidding process generally leads to better price discovery and potentially lower costs for the government.

Taxpayer Impact: The strong competition ensures that taxpayer dollars are being used efficiently, as the government likely secured favorable pricing due to the number of interested parties.

Public Impact

Federal agencies requiring hardware supplies will benefit from this contract. The contract will deliver a range of hardware products through the GSA's Federal Acquisition Service. The primary geographic impact is likely nationwide, supporting federal operations across the US. Workforce implications are minimal, as this is a supply contract rather than a service requiring direct labor.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Economic Price Adjustment (EPA) clause may lead to cost overruns if market prices increase significantly.
Reliance on a single BPA Call could limit flexibility if specific needs deviate from the original BPA terms.
The description 'FOREIGN ITEM FROM TAIWANIS APPROVED' raises questions about supply chain resilience and potential geopolitical risks.

Positive Signals

Awarded under full and open competition, ensuring a broad range of potential suppliers.
The use of a Blanket Purchase Agreement (BPA) Call suggests a streamlined procurement process for established needs.
Wright Tool Company, LLC has a track record of supplying goods, indicating experience in fulfilling government orders.

Sector Analysis

The hardware wholesale industry is a mature sector characterized by numerous suppliers and established distribution channels. Federal spending in this area typically supports the operational needs of various government agencies. This contract fits within the broader category of general supplies procurement, where GSA plays a significant role in consolidating demand and leveraging purchasing power. Comparable spending benchmarks would involve analyzing other GSA schedules or direct procurements for similar hardware categories.

Small Business Impact

This contract does not appear to have a small business set-aside (sb: false). There is no explicit mention of subcontracting goals for small businesses. Therefore, the direct impact on the small business ecosystem is likely limited, although Wright Tool Company, LLC may engage small businesses as suppliers.

Oversight & Accountability

Oversight is provided by the General Services Administration (GSA), specifically the Federal Acquisition Service. As this is a BPA Call, the underlying BPA likely has established oversight mechanisms. Transparency is facilitated through contract award databases. Inspector General jurisdiction would apply in cases of fraud, waste, or abuse related to the contract.

Related Government Programs

GSA Schedules Program
Federal Supply Schedule (FSS) Contracts
General Supplies Procurement
Hardware and Tools Procurement

Risk Flags

Potential supply chain risks due to foreign sourcing (Taiwan).
Cost uncertainty introduced by the Economic Price Adjustment (EPA) clause.
Limited visibility into specific hardware items without access to full BPA details.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $7,667.21 to WRIGHT TOOL COMPANY, LLC. BAR, EXTENSION, SOLID:SEE ITEM PURCHASEDESCRIPTION IN BPAFOREIGN ITEM FROM TAIWANIS APPROVED

Who is the contractor on this award?

The obligated recipient is WRIGHT TOOL COMPANY, LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $7,667.21.

What is the period of performance?

Start: 2025-11-04. End: 2025-11-13.

What is the specific nature of the hardware being procured under this BPA Call?

The provided data indicates the National Stock Number (NSN) is 423710, which falls under the category of 'Hardware, Commercial'. The purchase description notes 'BAR, EXTENSION, SOLID:SEE ITEM PURCHASE DESCRIPTION IN BPA FOREIGN ITEM FROM TAIWANIS APPROVED'. This suggests the contract is for specific types of hardware, potentially including extension bars or similar solid components, sourced from Taiwan. A detailed review of the underlying BPA and its associated item purchase descriptions would be necessary to fully understand the scope of hardware covered.

How does the pricing of this BPA Call compare to similar hardware procurements by GSA?

Without specific unit pricing data for the items procured under this BPA Call, a direct comparison is challenging. However, the fact that 22 offers were received under full and open competition suggests that the pricing is likely competitive within the market for these types of hardware. The inclusion of an Economic Price Adjustment (EPA) clause means that the final price paid could fluctuate from the initially awarded price. Benchmarking would require access to the specific items and their prices, as well as comparable contract data from GSA or other agencies.

What are the potential risks associated with the 'FOREIGN ITEM FROM TAIWANIS APPROVED' designation?

Procuring items from Taiwan introduces several potential risks. These include supply chain disruptions due to geopolitical tensions, trade policy changes, or natural disasters in the region. Lead times for delivery could be longer compared to domestic sourcing. Furthermore, there may be increased scrutiny regarding intellectual property rights and compliance with international trade regulations. The government should have contingency plans in place to mitigate these risks, such as identifying alternative suppliers or maintaining strategic inventory levels.

What is Wright Tool Company, LLC's track record with GSA and federal contracts?

The data indicates Wright Tool Company, LLC was awarded this BPA Call. While the provided snippet doesn't detail their entire contract history, their selection suggests they have met GSA's requirements and possess the capability to supply the specified hardware. Further investigation into GSA's contract award databases or SAM.gov would reveal the extent of their past performance, including the types and values of previous federal contracts awarded to them, and their performance ratings.

How does the Fixed Price with Economic Price Adjustment (EPA) contract type affect cost certainty for the government?

A Fixed Price with Economic Price Adjustment (EPA) contract provides some cost certainty by establishing a base price, but it also allows for adjustments based on pre-defined economic factors, typically related to inflation or specific commodity indices. This means the final cost could be higher or lower than the initial fixed price. For the government, this introduces a degree of uncertainty regarding the total expenditure. While it can protect contractors from unforeseen market volatility, it requires diligent monitoring by the contracting officer to ensure that any price adjustments are justified and in line with the contract's terms and conditions.

Industry Classification

NAICS: Wholesale Trade › Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers › Hardware Merchant Wholesalers

Product/Service Code: HAND TOOLS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 22

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

Evaluated Preference: NONE

Contractor Details

Parent Company: Federal Resources Supply Company LLC

Address: 24680 MOUND RD, WARREN, MI, 48091

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

Financial Breakdown

Contract Ceiling: $7,667

Exercised Options: $7,667

Current Obligation: $7,667

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSHA21A000D

IDV Type: BPA

Timeline