GIGA, INC. Awarded $5,869.80 for Hydraulic Jacks Under Full and Open Competition

Contract Overview

Contract Amount: $5,870 ($5.9K)

Contractor: Giga, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-03

End Date: 2026-04-11

Contract Duration: 8 days

Daily Burn Rate: $734/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 22

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: JACK , HYDRAULIC, HAND: IAW US ARMY TANK AUTOMOTIVE COMMAND DRAWING NUMBER 12505970. RAM AND PUMP PISTON COATING: NICKEL RELEASE COATING: OXIDE (EXCEPTIONS APPLY) (PARTIAL DESCRIPTION)

Place of Performance

Location: MACON, BIBB County, GEORGIA, 31216

State: Georgia Government Spending

Plain-Language Summary

General Services Administration obligated $5,869.8 to GIGA, INC. for work described as: JACK , HYDRAULIC, HAND: IAW US ARMY TANK AUTOMOTIVE COMMAND DRAWING NUMBER 12505970. RAM AND PUMP PISTON COATING: NICKEL RELEASE COATING: OXIDE (EXCEPTIONS APPLY) (PARTIAL DESCRIPTION) Key points: 1. Contract awarded to GIGA, INC. for hydraulic jacks. 2. The contract was procured under full and open competition. 3. The estimated value is relatively low at $5,869.80. 4. The sector is Industrial Supplies Merchant Wholesalers.

Value Assessment

Rating: fair

The contract value of $5,869.80 is for a specific item, making direct pricing comparisons difficult without more context on the quantity and specifications. However, the fixed price with economic price adjustment suggests an effort to manage cost fluctuations.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method is generally expected to yield fair market prices, though the low value of this specific call order might limit the extent of price discovery.

Taxpayer Impact: The taxpayer impact is minimal due to the low contract value.

Public Impact

Ensures availability of essential hydraulic equipment for military or industrial use. Supports the industrial supplies sector through procurement. The competitive nature of the award suggests responsible use of funds for this specific need.

Waste & Efficiency Indicators

Waste Risk Score: 100 / 10

Warning Flags

Economic price adjustment could lead to costs exceeding initial estimates.
Limited contract value may not attract a wide range of suppliers, potentially impacting long-term competition.
Specific technical requirements (drawing number) might limit future competition if not standardized.

Positive Signals

Awarded under full and open competition.
Contract duration is relatively short, allowing for re-evaluation.
Procurement through GSA streamlines the acquisition process.

Sector Analysis

This procurement falls under the Industrial Supplies Merchant Wholesalers sector. Spending in this sector is crucial for maintaining operational readiness and infrastructure across various government agencies. Benchmarks for similar specialized equipment would depend heavily on exact specifications and quantity.

Small Business Impact

The data indicates this contract was not awarded to a small business (ss: false). While this specific call order may not have been suitable for small businesses, broader contracting opportunities within the Industrial Supplies Merchant Wholesalers sector should be monitored for small business participation.

Oversight & Accountability

The contract was managed by the General Services Administration (GSA), Federal Acquisition Service, indicating established oversight. The BPA Call award mechanism suggests adherence to pre-negotiated terms, but specific oversight on this call order's execution is not detailed.

Related Government Programs

Industrial Supplies Merchant Wholesalers
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Potential for cost increases due to economic price adjustment.
Limited competition may arise from specialized coating requirements.
Lack of historical performance data for the contractor.
Contract value is very low, potentially indicating a niche or limited need.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $5,869.8 to GIGA, INC.. JACK , HYDRAULIC, HAND: IAW US ARMY TANK AUTOMOTIVE COMMAND DRAWING NUMBER 12505970. RAM AND PUMP PISTON COATING: NICKEL RELEASE COATING: OXIDE (EXCEPTIONS APPLY) (PARTIAL DESCRIPTION)

Who is the contractor on this award?

The obligated recipient is GIGA, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $5,869.8.

What is the period of performance?

Start: 2026-04-03. End: 2026-04-11.

What is the expected quantity and specific application of these hydraulic jacks to justify the fixed price with economic price adjustment?

The provided data does not specify the quantity or the exact application of the hydraulic jacks. The 'FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT' clause suggests that the price may fluctuate based on an index or formula, typically to account for changes in material costs or labor. Understanding the quantity and intended use is crucial to assess if this pricing mechanism is appropriate and to benchmark the value effectively against market rates for similar equipment.

How does the 'NICKEL RELEASE COATING: OXIDE' specification impact the cost and availability of these hydraulic jacks?

The specified coating, 'NICKEL RELEASE COATING: OXIDE', likely relates to corrosion resistance or material handling properties. Such specialized coatings can increase manufacturing complexity and material costs, potentially driving up the per-unit price compared to standard jacks. The availability might also be affected if only a limited number of manufacturers can meet this specific requirement, potentially influencing the competitive landscape.

What is the historical performance and reliability of GIGA, INC. in supplying similar industrial equipment to the government?

The provided data does not include historical performance information for GIGA, INC. Assessing their track record, including on-time delivery, quality of goods, and adherence to contract terms on previous awards, would be essential for a comprehensive risk assessment. Without this, the current award's effectiveness relies solely on the competitive process and GSA's oversight mechanisms.

Industry Classification

NAICS: Wholesale Trade › Machinery, Equipment, and Supplies Merchant Wholesalers › Industrial Supplies 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

Address: 2448 INDUSTRIAL PARK DR, MACON, GA, 31216

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

Financial Breakdown

Contract Ceiling: $5,870

Exercised Options: $5,870

Current Obligation: $5,870

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSHA21A0003

IDV Type: BPA

Timeline