Wright Tool Company awarded $18.6K for specialized tool kits, highlighting hardware wholesale sector activity
Contract Overview
Contract Amount: $18,642 ($18.6K)
Contractor: Wright Tool Company, LLC
Awarding Agency: General Services Administration
Start Date: 2026-04-08
End Date: 2026-04-16
Contract Duration: 8 days
Daily Burn Rate: $2.3K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 22
Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT
Sector: Other
Official Description: TOOL KIT, VEHICULAR, SPECIAL PURPOSE: SNAP-ON INDUSTRIAL PN T-BOBKIT (PARTIAL DESCRIPTION)
Place of Performance
Location: WARREN, MACOMB County, MICHIGAN, 48091
State: Michigan Government Spending
Plain-Language Summary
General Services Administration obligated $18,642.45 to WRIGHT TOOL COMPANY, LLC for work described as: TOOL KIT, VEHICULAR, SPECIAL PURPOSE: SNAP-ON INDUSTRIAL PN T-BOBKIT (PARTIAL DESCRIPTION) Key points: 1. The contract value is relatively small, suggesting a focused procurement for specific needs. 2. Full and open competition was utilized, indicating a broad market search for this item. 3. The fixed-price contract with economic price adjustment introduces some cost fluctuation risk. 4. The duration of the task order is short, implying a need for immediate or short-term supply. 5. The procurement falls under hardware merchant wholesale NAICS code, placing it within a specific commercial sector. 6. The award was made by the General Services Administration, a common channel for federal procurement.
Value Assessment
Rating: good
The contract value of $18,642.45 is modest. Benchmarking against similar specialized tool kit procurements is difficult without more specific item details. However, the use of full and open competition suggests that the pricing is likely competitive. The fixed-price with economic price adjustment (EPA) structure allows for some cost increases, which could impact the final value if market prices rise significantly.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
This contract was awarded under full and open competition, meaning all responsible sources were permitted to submit offers. The data indicates 22 offers were received, suggesting a healthy level of interest and competition for this specialized tool kit. A higher number of bidders generally leads to better price discovery and potentially lower prices for the government.
Taxpayer Impact: The robust competition indicates that taxpayer dollars were likely used efficiently, as multiple vendors vied to provide the best value, driving down costs.
Public Impact
Federal agencies requiring specialized vehicular tool kits will benefit from this contract. The contract delivers essential hardware tools for maintenance and operational needs. The geographic impact is primarily within Michigan, where the contractor is located. This contract supports the workforce involved in maintaining federal vehicle fleets.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Economic price adjustment clause introduces potential for cost overruns if material prices increase.
- Limited scope of the contract value may not reflect the full potential demand for such tool kits across the government.
Positive Signals
- Full and open competition ensures a wide range of potential suppliers were considered.
- Multiple offers received (22) indicate a competitive marketplace for these specialized tools.
- The General Services Administration's involvement suggests adherence to established procurement best practices.
Sector Analysis
This contract falls within the Hardware Merchant Wholesalers (NAICS 423710) sector, which includes establishments primarily engaged in the wholesale distribution of hardware, plumbing, heating equipment, and supplies. The federal government is a significant consumer of such goods, utilizing them for maintenance, repair, and operations across various agencies. The market size for industrial and specialized tools is substantial, with numerous manufacturers and distributors competing for government contracts.
Small Business Impact
The contract was not specifically set aside for small businesses, and the data indicates the awardee is Wright Tool Company, LLC. There is no explicit information on subcontracting plans for small businesses within this specific award. Further analysis would be needed to determine if this contract contributes to broader small business utilization goals within the GSA or the specific agency utilizing the tools.
Oversight & Accountability
The contract is managed under the General Services Administration (GSA), which has established oversight mechanisms for federal procurements. The use of a Blanket Purchase Agreement (BPA) Call, a type of task order under a BPA, implies adherence to the terms and conditions of the underlying BPA. Transparency is generally maintained through public contract databases. Inspector General oversight would apply if any fraud, waste, or abuse were suspected.
Related Government Programs
- General Services Administration Federal Supply Schedule
- Vehicular Equipment Maintenance Supplies
- Industrial Hardware Procurement
- Specialty Tool Procurement
Risk Flags
- Economic Price Adjustment (EPA) clause may lead to cost increases.
- Limited contract value may not cover broader or long-term needs.
- Specificity of 'special purpose' tools could limit future utility or compatibility.
Tags
hardware-wholesale, general-services-administration, michigan, fixed-price-with-economic-price-adjustment, small-contract-value, full-and-open-competition, vehicular-equipment, specialty-tools, bpa-call, hardware-merchant-wholesalers
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $18,642.45 to WRIGHT TOOL COMPANY, LLC. TOOL KIT, VEHICULAR, SPECIAL PURPOSE: SNAP-ON INDUSTRIAL PN T-BOBKIT (PARTIAL DESCRIPTION)
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 $18,642.45.
What is the period of performance?
Start: 2026-04-08. End: 2026-04-16.
What is the track record of Wright Tool Company, LLC in fulfilling federal contracts?
Wright Tool Company, LLC has been awarded federal contracts, primarily through the General Services Administration (GSA). The provided data indicates this specific award is a BPA Call for specialized tool kits. While this single data point doesn't provide a comprehensive history, it suggests the company is an active participant in the federal marketplace. To fully assess their track record, one would need to examine their contract performance history across multiple awards, including on-time delivery, quality of goods, and adherence to contract terms. Information on past performance evaluations and any disputes or terminations would also be crucial for a complete picture.
How does the pricing of this tool kit compare to similar federal or commercial procurements?
Benchmarking the pricing for this specific tool kit is challenging without a more detailed description of the 'TOOL KIT, VEHICULAR, SPECIAL PURPOSE: SNAP-ON INDUSTRIAL PN T-BOBKIT'. The total award value is $18,642.45 for a duration of 8 days. Given it was awarded under full and open competition with 22 offers, the price is likely competitive within the federal space. However, direct commercial comparisons would require identifying identical or highly similar tool kits sold by commercial retailers and comparing their unit prices, factoring in potential volume discounts for the government. The fixed-price with EPA structure also introduces variability, making a static comparison difficult.
What are the primary risks associated with this contract?
The primary risks associated with this contract include potential price increases due to the Economic Price Adjustment (EPA) clause, especially if raw material or manufacturing costs rise significantly during the contract period. Another risk is the limited scope and duration; if the need for these tool kits is greater or more sustained than anticipated, this single BPA Call might not adequately cover future requirements, necessitating new procurements. Furthermore, while competition was robust, there's always a residual risk of supply chain disruptions affecting timely delivery, although the short duration mitigates this somewhat. The specific nature of 'special purpose' tools could also pose a risk if the intended application changes or if the tools are not universally compatible.
How effective is the GSA in managing procurements like this for specialized hardware?
The General Services Administration (GSA) generally employs robust processes for managing procurements, including those for specialized hardware. The use of full and open competition, as seen in this case with 22 offers, indicates an effort to maximize market reach and achieve competitive pricing. GSA's established schedules and BPA programs are designed to streamline the acquisition process for agencies. The effectiveness in this specific instance hinges on whether the procured tool kits meet the end-users' needs in terms of quality, functionality, and timeliness. While the award itself suggests a successful transaction, long-term effectiveness would be measured by user satisfaction, cost savings over time compared to alternative methods, and the efficiency of the acquisition process itself.
What are the historical spending patterns for similar vehicular tool kits by the federal government?
Historical spending patterns for similar vehicular tool kits by the federal government are likely substantial, given the vast size of federal vehicle fleets across agencies like the Department of Defense, Department of Transportation, and law enforcement agencies. Procurements for tool kits can range from basic mechanic sets to highly specialized diagnostic and repair equipment. Spending often occurs through GSA schedules, direct agency procurements, or other contract vehicles. Analyzing historical data would reveal trends in average contract values, the number of competing vendors over time, and the prevalence of different contract types (e.g., fixed-price vs. cost-reimbursement). This specific $18.6K award represents a small fraction of overall federal spending in this category.
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: $18,642
Exercised Options: $18,642
Current Obligation: $18,642
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: 47QSHA21A000D
IDV Type: BPA
Timeline
Start Date: 2026-04-08
Current End Date: 2026-04-16
Potential End Date: 2026-04-16 00:00:00
Last Modified: 2026-04-09
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