GSA's $2.72M Plastics Bag Contract with ACCUSPEC PACKAGING CORP Faces Scrutiny Over Value and Competition

Contract Overview

Contract Amount: $2,723 ($2.7K)

Contractor: Accuspec Packaging Corp

Awarding Agency: General Services Administration

Start Date: 2026-04-07

End Date: 2026-04-17

Contract Duration: 10 days

Daily Burn Rate: $272/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: 482

Place of Performance

Location: DUNDEE, SCHUYLER County, NEW YORK, 14837

State: New York Government Spending

Plain-Language Summary

General Services Administration obligated $2,722.5 to ACCUSPEC PACKAGING CORP for work described as: 482 Key points: 1. The contract value of $2.72M for plastics bags and pouches appears moderate for the sector. 2. Full and open competition was utilized, suggesting potential for competitive pricing. 3. The fixed-price with economic price adjustment (EPA) clause introduces potential cost escalation risks. 4. The contract is awarded under a Blanket Purchase Agreement (BPA) Call, which can streamline procurement but may limit direct price comparison.

Value Assessment

Rating: fair

The contract value of $2.72M for 10 days of service seems high on a daily basis. Benchmarking against similar plastics bag manufacturing contracts would be necessary to confirm fair pricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which is generally positive for price discovery. However, the use of a BPA Call might limit the visibility of the specific pricing mechanisms and the number of actual bidders.

Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently. However, the EPA clause could lead to increased costs if raw material prices rise significantly.

Public Impact

Citizens rely on these plastic bags and pouches for various government services and supplies. The contract's duration of 10 days is very short, suggesting a specific, immediate need. Transparency in the pricing and the justification for the EPA clause are important for public trust.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for cost escalation due to EPA clause
Limited visibility into specific pricing under BPA Call

Positive Signals

Awarded under full and open competition
Contract managed by GSA, a central procurement agency

Sector Analysis

The plastics bag and pouch manufacturing sector (NAICS 326111) is a mature industry. Government spending in this area typically focuses on operational supplies and packaging. Benchmarks would depend on specific bag types and volumes.

Small Business Impact

The data does not indicate whether small businesses were involved in this specific BPA Call, nor does it specify if the prime contractor is a small business. Further investigation is needed to assess small business participation.

Oversight & Accountability

The General Services Administration (GSA) is responsible for overseeing this contract. The use of a BPA Call under a larger agreement implies some level of pre-negotiation and oversight, but the specific call's execution warrants review.

Related Government Programs

Plastics Bag and Pouch Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Economic Price Adjustment (EPA) clause introduces cost escalation risk.
BPA Call structure may limit direct price comparison and transparency.
High daily cost suggests potential overpricing or specific high-value need.
Lack of small business participation data.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $2,722.5 to ACCUSPEC PACKAGING CORP. 482

Who is the contractor on this award?

The obligated recipient is ACCUSPEC PACKAGING CORP.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $2,722.5.

What is the period of performance?

Start: 2026-04-07. End: 2026-04-17.

What is the specific justification for the economic price adjustment (EPA) clause in this contract, and what are the projected maximum cost increases?

The justification for an EPA clause typically relates to the volatility of raw material costs, such as resins used in plastic manufacturing. Without specific contract details, it's difficult to determine the projected maximum cost increases. However, agencies should ensure that EPA clauses are narrowly defined and include caps to protect against excessive price hikes and ensure fair value for taxpayer dollars.

How many bids were received for this specific BPA Call, and how did ACCUSPEC PACKAGING CORP's pricing compare to other offers?

As this is a BPA Call, the number of direct bids for this specific call might not be publicly available or as extensive as a standalone solicitation. The competition likely occurred at the BPA level. Understanding the pricing comparison would require access to the BPA's competitive range and the specific terms offered by ACCUSPEC PACKAGING CORP against any other BPA holders who could have fulfilled this call.

Given the short 10-day duration, what is the critical need being met, and could this have been procured more cost-effectively through other means?

The short 10-day duration suggests an urgent or immediate requirement, possibly for a specific project, event, or to replenish rapidly depleted stock. While a BPA Call offers speed, a review of alternative procurement methods, such as existing GSA Schedules or even spot purchases if appropriate, could determine if a more cost-effective solution was overlooked for this critical need.

Industry Classification

NAICS: Manufacturing › Plastics Product Manufacturing › Plastics Bag and Pouch Manufacturing

Product/Service Code: CONTAINERS/PACKAGING/PACKING SUPPL

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: 4011 COUNTY ROAD 25, DUNDEE, NY, 14837

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

Financial Breakdown

Contract Ceiling: $2,723

Exercised Options: $2,723

Current Obligation: $2,723

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSEA21A000D

IDV Type: BPA

Timeline