GSA Awards $1.09M Contract for Barrier Material to Accuspec Packaging Corp

Contract Overview

Contract Amount: $10,890 ($10.9K)

Contractor: Accuspec Packaging Corp

Awarding Agency: General Services Administration

Start Date: 2026-04-09

End Date: 2026-04-19

Contract Duration: 10 days

Daily Burn Rate: $1.1K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: BARRIER MATERIAL15 DAYSARO

Place of Performance

Location: DUNDEE, SCHUYLER County, NEW YORK, 14837

State: New York Government Spending

Plain-Language Summary

General Services Administration obligated $10,890 to ACCUSPEC PACKAGING CORP for work described as: BARRIER MATERIAL15 DAYSARO Key points: 1. Contract awarded to Accuspec Packaging Corp. for barrier material. 2. The contract has a fixed price with economic price adjustment. 3. Competition was full and open, suggesting potential for competitive pricing. 4. The sector is Plastics Bag and Pouch Manufacturing (NAICS 326111).

Value Assessment

Rating: good

The contract value of $1.09 million for 10 days of service appears reasonable given the short duration. Benchmarking against similar short-term material procurements would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was utilized, indicating multiple vendors had the opportunity to bid. This method generally promotes price discovery and competitive pricing.

Taxpayer Impact: Taxpayer funds are being used efficiently through a competitive bidding process for essential barrier materials.

Public Impact

Ensures supply chain continuity for critical barrier materials. Supports the Plastics Bag and Pouch Manufacturing industry. Provides transparency through a publicly awarded contract.

Waste & Efficiency Indicators

Waste Risk Score: 75 / 10

Positive Signals

Full and open competition
Clear contract end date
Fixed price with EPA provides some cost certainty

Sector Analysis

The Plastics Bag and Pouch Manufacturing sector (NAICS 326111) is a niche but essential part of the supply chain. Spending benchmarks for similar short-term material procurements are difficult to establish without more specific data.

Small Business Impact

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

Oversight & Accountability

The General Services Administration (GSA) utilized its Federal Acquisition Service for this procurement. Oversight is maintained through standard GSA contracting procedures and the contract's defined terms.

Related Government Programs

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

Risk Flags

Short contract duration (10 days) may limit long-term supplier relationships.
Economic Price Adjustment (EPA) introduces potential for cost increases.
Lack of specific unit cost data makes detailed value analysis challenging.
Small business participation not explicitly detailed.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $10,890 to ACCUSPEC PACKAGING CORP. BARRIER MATERIAL15 DAYSARO

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 $10,890.

What is the period of performance?

Start: 2026-04-09. End: 2026-04-19.

What is the expected unit cost for the barrier material, and how does it compare to market rates?

The provided data does not specify the unit cost or quantity of barrier material. To assess value, a detailed breakdown of units and their corresponding prices would be necessary. Comparing these unit prices to industry benchmarks for similar materials would reveal if the government is receiving a competitive rate.

What are the potential risks associated with the economic price adjustment clause in this contract?

The economic price adjustment (EPA) clause introduces a risk of cost escalation if market prices for raw materials or labor increase significantly during the contract period. While it can protect contractors from unforeseen cost hikes, it shifts some of that financial risk to the government, potentially increasing the final cost beyond initial projections.

How effective was the full and open competition in achieving the best possible price for the government?

Full and open competition is generally effective in driving competitive pricing. However, the effectiveness in this specific case depends on the number and quality of bids received. Without knowing the bid details, it's presumed to be effective, but a review of the bid submissions and award justification would confirm if the lowest price technically acceptable or best value was achieved.

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: $10,890

Exercised Options: $10,890

Current Obligation: $10,890

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSEA21A000D

IDV Type: BPA

Timeline