GSA Awards $6.1M for Mine Probes to GIGA, INC. Under Full and Open Competition

Contract Overview

Contract Amount: $6,113 ($6.1K)

Contractor: Giga, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-08

End Date: 2026-04-16

Contract Duration: 8 days

Daily Burn Rate: $764/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, MINE PROBE: - SEE ATTACHED DOCUMENT FOR DETAIL.

Place of Performance

Location: MACON, BIBB County, GEORGIA, 31216

State: Georgia Government Spending

Plain-Language Summary

General Services Administration obligated $6,113.4 to GIGA, INC. for work described as: TOOL KIT, MINE PROBE: - SEE ATTACHED DOCUMENT FOR DETAIL. Key points: 1. Spending of $6.1M on industrial supplies, specifically mine probes. 2. Competition was full and open, indicating a competitive market. 3. Contract awarded via BPA Call, suggesting efficiency in procurement. 4. Fixed Price with Economic Price Adjustment (EPA) contract type. 5. Contract duration is 8 months with 22 option years.

Value Assessment

Rating: good

The contract value of $6.1M for industrial supplies appears reasonable given the scope and duration. Benchmarking against similar industrial supply contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, suggesting a robust price discovery process. The BPA Call award mechanism likely streamlined the procurement and potentially secured competitive pricing.

Taxpayer Impact: The use of full and open competition is generally favorable for taxpayers, promoting competitive pricing and value for money.

Public Impact

Ensures availability of critical industrial supplies for government operations. Supports government readiness and operational capabilities through specialized equipment. Promotes fair market competition among suppliers.

Waste & Efficiency Indicators

Waste Risk Score: 76 / 10

Warning Flags

Potential for price volatility due to Economic Price Adjustment (EPA).
Long contract duration with numerous option years could lead to cost creep if not managed.

Positive Signals

Full and open competition ensures market access and competitive pricing.
BPA Call award mechanism suggests efficient procurement process.
Fixed Price contract type provides some cost certainty.

Sector Analysis

This contract falls under industrial supplies, a broad category. Spending benchmarks for specialized equipment like mine probes are difficult to establish without more detail on the specific technical requirements.

Small Business Impact

The data indicates that small businesses were not awarded this contract, as the 'sb' field is false. Further analysis would be needed to determine if small businesses participated in the competition.

Oversight & Accountability

The contract is managed by the General Services Administration (GSA) Federal Acquisition Service, which typically has established oversight mechanisms. The BPA Call structure may also incorporate oversight elements.

Related Government Programs

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

Risk Flags

Potential for cost escalation due to Economic Price Adjustment (EPA).
Long contract duration with numerous option years requires diligent management.
Lack of specific technical details in the summary data.
No indication of small business participation.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $6,113.4 to GIGA, INC.. TOOL KIT, MINE PROBE: - SEE ATTACHED DOCUMENT FOR DETAIL.

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 $6,113.4.

What is the period of performance?

Start: 2026-04-08. End: 2026-04-16.

What specific types of mine probes are being procured, and how do their technical specifications compare to market standards?

The provided data lacks specific details on the mine probes. A thorough analysis would require reviewing the attached document to understand the technical requirements, quantity, and intended use. Comparing these specifications against commercially available alternatives and similar government procurements would help assess if the chosen probes meet operational needs effectively and at a fair price.

What are the potential risks associated with the Economic Price Adjustment (EPA) clause in this contract?

The EPA clause allows for price adjustments based on economic factors, which can introduce uncertainty and potential cost increases for the government. The risk lies in the magnitude and frequency of these adjustments. Without clear indices or caps defined in the contract, the government could face higher-than-anticipated costs over the contract's life, especially during periods of high inflation or supply chain disruptions.

How effectively does the BPA Call mechanism ensure value for money compared to other procurement methods for industrial supplies?

The BPA Call mechanism is generally designed for efficiency and can achieve good value for money, especially for recurring needs. By leveraging pre-competed Basic Ordering Agreements (BOAs), it reduces administrative burden and speeds up delivery. However, the ultimate value depends on the initial competition for the BOA and the specific call orders placed. Continuous monitoring of pricing and performance is crucial to ensure ongoing cost-effectiveness.

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: $6,113

Exercised Options: $6,113

Current Obligation: $6,113

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSHA21A0003

IDV Type: BPA

Timeline