GSA awards $2.7M for barrier material to Accuspec Packaging Corp

Contract Overview

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

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: $272/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 $2,722.5 to ACCUSPEC PACKAGING CORP for work described as: BARRIER MATERIAL15 DAYSARO Key points: 1. Contract awarded for barrier material with a 10-day duration. 2. Accuspec Packaging Corp. is the sole awardee. 3. Fixed Price with Economic Price Adjustment contract type. 4. Spending falls within the Plastics Bag and Pouch Manufacturing sector (NAICS 326111).

Value Assessment

Rating: fair

The contract value of $2.7M for a 10-day period appears high for a short-term material supply. Benchmarking against similar short-duration material contracts is needed to assess value.

Cost Per Unit: $18,200 per day (estimated)

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. However, the short duration and specific material may have limited the number of responsive bids.

Taxpayer Impact: Taxpayer funds are used for the procurement of essential barrier materials. The price competitiveness is key to ensuring efficient use of funds.

Public Impact

Ensures availability of critical barrier materials for government operations. Supports the manufacturing sector through contract awards. Potential for price fluctuations due to economic price adjustment clause.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Short contract duration may indicate urgent need or limited scope.
Economic price adjustment could lead to cost overruns if inflation is high.

Positive Signals

Awarded under full and open competition.
Clear identification of the specific material and manufacturing sector.

Sector Analysis

This contract falls under the Plastics Bag and Pouch Manufacturing sector. Spending in this sector can vary widely based on material type, volume, and specific government needs.

Small Business Impact

The data does not indicate if small businesses were involved in this specific award or as subcontractors. Further analysis would be needed to determine small business participation.

Oversight & Accountability

The General Services Administration (GSA) is responsible for overseeing this contract. Standard procurement regulations and oversight mechanisms should apply.

Related Government Programs

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

Risk Flags

High estimated daily cost.
Short contract duration.
Economic price adjustment clause.
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. 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 $2,722.5.

What is the period of performance?

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

What is the justification for the high per-day cost of the barrier material?

The per-day cost of $18,200 is an estimate based on the total award value and contract duration. A detailed breakdown of the material's specifications, quantity, and any specialized handling or delivery requirements would be necessary to justify this cost. Factors like material rarity, urgent delivery needs, or specific performance characteristics could contribute to a higher price point.

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

The primary risk of an economic price adjustment (EPA) clause is that it allows the contract price to increase if certain economic indicators, like inflation or raw material costs, rise. This can lead to unpredictable and potentially higher-than-budgeted expenditures for the government, especially in periods of significant economic volatility. It shifts some of the cost risk from the contractor to the government.

How effectively does this contract meet the government's need for barrier materials given its short duration?

The effectiveness of this contract hinges on whether the 10-day duration aligns with the actual, short-term need for the barrier material. If it's for an immediate, critical requirement, it could be highly effective. However, if it represents a recurring or longer-term need, the short duration might necessitate frequent re-procurement, leading to administrative inefficiencies and potential supply chain disruptions.

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