GSA Awards $19.7M for Aerospace Torque Wrenches Under Full and Open Competition

Contract Overview

Contract Amount: $19,742 ($19.7K)

Contractor: Wright Tool Company, LLC

Awarding Agency: General Services Administration

Start Date: 2025-12-12

End Date: 2025-12-21

Contract Duration: 9 days

Daily Burn Rate: $2.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 22

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: WRENCH, TORQUE: IAW SOCIETY OF AUTOMOTIVE ENGINEERS, AEROSPACE HAND TORQUE WRENCHES (MECHANICAL, IMPULSE) AS28431 REVISION A, DATED FEBRUARY 21, 2011. TYPE I: BI-DIRECTIONAL TORQUE WRENCH CLASS 2 RATCHET HEAD (PRECISE CLOCKWISE TORQUE) OVERALL LENGTH

Place of Performance

Location: WARREN, MACOMB County, MICHIGAN, 48091

State: Michigan Government Spending

Plain-Language Summary

General Services Administration obligated $19,742.12 to WRIGHT TOOL COMPANY, LLC for work described as: WRENCH, TORQUE: IAW SOCIETY OF AUTOMOTIVE ENGINEERS, AEROSPACE HAND TORQUE WRENCHES (MECHANICAL, IMPULSE) AS28431 REVISION A, DATED FEBRUARY 21, 2011. TYPE I: BI-DIRECTIONAL TORQUE WRENCH CLASS 2 RATCHET HEAD (PRECISE CLOCKWISE TORQUE) OVERALL LENGTH Key points: 1. Contract awarded to Wright Tool Company, LLC for specialized aerospace torque wrenches. 2. Utilizes SAE AS28431 Revision A standard for mechanical and impulse wrenches. 3. Competition method is 'Full and Open', suggesting broad market participation. 4. Fixed Price with Economic Price Adjustment (EPA) contract type introduces potential cost volatility.

Value Assessment

Rating: good

The contract value of $19.7M for 22 units over 9 months appears reasonable given the specialized nature of aerospace-grade torque wrenches. Benchmarking against similar specialized tool contracts would provide further clarity.

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 promotes competitive pricing and ensures the government receives fair market value.

Taxpayer Impact: The use of full and open competition is positive for taxpayers, as it is expected to drive down costs through market forces.

Public Impact

Ensures availability of critical tools for aerospace maintenance and manufacturing. Supports the aerospace industry by procuring specialized equipment. Potential for price fluctuations due to the Economic Price Adjustment clause.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Economic Price Adjustment (EPA) may lead to increased costs.
Short contract duration (9 months) might necessitate future re-competition.
No small business participation noted.

Positive Signals

Awarded under full and open competition.
Clear technical specifications based on industry standards (SAE AS28431).
Contract managed by experienced agencies (GSA, Federal Acquisition Service).

Sector Analysis

This procurement falls under the Hardware Merchant Wholesalers sector. Spending in this sector can vary widely based on industrial demand and specific equipment needs. The value is significant for specialized tools.

Small Business Impact

The data indicates that small businesses were not directly involved in this BPA call award. Further analysis would be needed to determine if small businesses were subcontractors or if opportunities were missed.

Oversight & Accountability

The General Services Administration (GSA) and its Federal Acquisition Service (FAS) are responsible for this contract. Their established procurement processes aim to ensure oversight and accountability, but the EPA clause warrants monitoring.

Related Government Programs

Hardware Merchant Wholesalers
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Economic Price Adjustment (EPA) clause introduces cost uncertainty.
Short contract duration may lead to frequent re-competitions.
No explicit small business participation noted.
Specialized nature of the product may limit competition in future.
Potential for price increases due to market fluctuations.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $19,742.12 to WRIGHT TOOL COMPANY, LLC. WRENCH, TORQUE: IAW SOCIETY OF AUTOMOTIVE ENGINEERS, AEROSPACE HAND TORQUE WRENCHES (MECHANICAL, IMPULSE) AS28431 REVISION A, DATED FEBRUARY 21, 2011. TYPE I: BI-DIRECTIONAL TORQUE WRENCH CLASS 2 RATCHET HEAD (PRECISE CLOCKWISE TORQUE) OVERALL LENGTH

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 $19,742.12.

What is the period of performance?

Start: 2025-12-12. End: 2025-12-21.

What is the expected impact of the Economic Price Adjustment (EPA) clause on the final cost of the torque wrenches?

The Economic Price Adjustment (EPA) clause allows for adjustments to the contract price based on fluctuations in specified economic factors, such as material costs or labor rates. The specific index or formula used in the EPA will determine the potential for cost increases. Without knowing the exact terms of the EPA, it's difficult to quantify the exact impact, but it introduces a risk of the final price exceeding the initial fixed price.

How does the limited number of units (22) and short duration (9 months) affect the overall value and potential for future procurements?

The relatively small quantity of 22 units and the short 9-month duration suggest this BPA call might be for immediate or specific project needs rather than a long-term, high-volume requirement. This could indicate a need for more frequent re-competition, potentially leading to less favorable pricing over time if not managed strategically. It also limits the immediate economies of scale for the contractor.

What is the rationale for selecting Wright Tool Company, LLC, given the full and open competition?

Under full and open competition, the award is typically made to the responsible offeror whose proposal, conforming to the solicitation, is most advantageous to the government, considering price and other evaluation factors. Wright Tool Company, LLC likely submitted the best overall value proposal based on the criteria outlined in the solicitation, which could include technical compliance, past performance, delivery schedule, and price.

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: $19,742

Exercised Options: $19,742

Current Obligation: $19,742

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSHA21A000D

IDV Type: BPA

Timeline