GIGA, INC. awarded $14,024 BPA Call for industrial supplies, highlighting potential value-for-money concerns

Contract Overview

Contract Amount: $14,024 ($14.0K)

Contractor: Giga, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-11

End Date: 2026-04-19

Contract Duration: 8 days

Daily Burn Rate: $1.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 22

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: SCALER,NEEDLE,PNEUMC: OVERALL LENGTH: 7.7 INCHES MAX OPERATING AIRPRESSURE: 90 PSI OPERATING AIR CONSUMPTION: 6 CFM STROKE LENGTH: 0.5 INCH HANDLE TYPE: BODY GRIP THROTTLE TYPE: LEVER IMPACT RATE: 7000 BPM POSSIBLE NEEDLE CONFIGURATIONS: 18EA 3MM X 5

Place of Performance

Location: MACON, BIBB County, GEORGIA, 31216

State: Georgia Government Spending

Plain-Language Summary

General Services Administration obligated $14,024.38 to GIGA, INC. for work described as: SCALER,NEEDLE,PNEUMC: OVERALL LENGTH: 7.7 INCHES MAX OPERATING AIRPRESSURE: 90 PSI OPERATING AIR CONSUMPTION: 6 CFM STROKE LENGTH: 0.5 INCH HANDLE TYPE: BODY GRIP THROTTLE TYPE: LEVER IMPACT RATE: 7000 BPM POSSIBLE NEEDLE CONFIGURATIONS: 18EA 3MM X 5 Key points: 1. The contract's value is relatively small, suggesting it may be for specialized or limited-quantity items. 2. The fixed-price with economic price adjustment (EPA) structure introduces potential for cost overruns if market prices fluctuate significantly. 3. With 22 bidders, the competition level appears robust, which should theoretically drive competitive pricing. 4. The short duration of the BPA call (8 days) might indicate an urgent need or a pilot program. 5. The contract falls under industrial supplies, a broad category with many potential suppliers. 6. The award to GIGA, INC. requires further investigation into their track record for similar items.

Value Assessment

Rating: fair

The total award amount of $14,024.38 is modest. Benchmarking the per-unit cost of the specific industrial supplies procured would be necessary to assess value for money comprehensively. Given the fixed-price with EPA, there's a risk of the final cost exceeding initial expectations if raw material or manufacturing costs rise. The presence of 22 bidders suggests a competitive environment that could lead to favorable pricing, but without specific item details, a definitive value assessment is challenging.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, with 22 bidders participating. This indicates a broad outreach and a healthy level of interest from the market. A high number of bidders generally suggests that the government sought a wide range of potential suppliers, which can lead to better price discovery and innovation. The specific details of the bidding process and evaluation criteria would further illuminate the effectiveness of this competition.

Taxpayer Impact: The robust competition for this contract is beneficial for taxpayers as it likely resulted in more competitive pricing than a sole-source or limited competition award. This ensures that government funds are used efficiently for the procured industrial supplies.

Public Impact

Federal agencies requiring industrial supplies will benefit from the availability of these goods. The contract supports the supply chain for various industrial maintenance and operational needs. The geographic impact is likely national, given the General Services Administration's role in federal procurement. The contract may indirectly support manufacturing and distribution jobs within the industrial supplies sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for price increases due to the economic price adjustment clause.
The short performance period might limit the ability to fully leverage economies of scale.
Lack of specific item details makes it difficult to assess if the best possible value was obtained.

Positive Signals

Awarded under full and open competition, indicating broad market access.
A significant number of bidders (22) suggests a competitive marketplace.
The contract is managed by the General Services Administration, a reputable procurement agency.

Sector Analysis

The industrial supplies sector is vast, encompassing a wide range of products used in manufacturing, maintenance, and operations. Federal spending in this area is substantial, supporting numerous industries. This contract, a BPA call, likely represents a small portion of overall federal spending on industrial goods, potentially serving specific agency needs or acting as a convenient procurement vehicle for commonly used items. Benchmarking against similar GSA schedules or agency-specific procurement data for industrial supplies would provide further context.

Small Business Impact

The data indicates that small business participation was not a specific set-aside (ss: false) nor was it explicitly mentioned as a subcontracting goal (sb: false). While 22 bidders participated, it is unclear how many were small businesses or if any subcontracting opportunities were generated for them. Further analysis would be needed to determine the impact on the small business ecosystem for this specific procurement.

Oversight & Accountability

The contract is managed under a Blanket Purchase Agreement (BPA) call, which is a type of task order under an existing GSA Schedule contract. Oversight is provided by the General Services Administration (GSA), which is responsible for managing federal procurement policies and ensuring compliance. Transparency is generally maintained through GSA's contract vehicles, and specific Inspector General jurisdiction would depend on the agency ultimately utilizing the supplies.

Related Government Programs

GSA Federal Supply Schedule Contracts
Industrial Equipment Procurement
Maintenance, Repair, and Operations (MRO) Supplies

Risk Flags

Economic Price Adjustment Clause Risk
Limited Specificity of Awarded Items
Short Contract Duration

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $14,024.38 to GIGA, INC.. SCALER,NEEDLE,PNEUMC: OVERALL LENGTH: 7.7 INCHES MAX OPERATING AIRPRESSURE: 90 PSI OPERATING AIR CONSUMPTION: 6 CFM STROKE LENGTH: 0.5 INCH HANDLE TYPE: BODY GRIP THROTTLE TYPE: LEVER IMPACT RATE: 7000 BPM POSSIBLE NEEDLE CONFIGURATIONS: 18EA 3MM X 5

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 $14,024.38.

What is the period of performance?

Start: 2026-04-11. End: 2026-04-19.

What is GIGA, INC.'s track record with the federal government for similar industrial supplies?

A review of federal procurement databases would be necessary to ascertain GIGA, INC.'s past performance. Specifically, examining previous contracts awarded to GIGA, INC. for industrial supplies, including their value, duration, and any performance reviews or disputes, would provide insight into their reliability and capability. Understanding their history with fixed-price with EPA contracts would also be valuable in assessing potential risks associated with this award. Without this historical data, it is difficult to gauge their suitability beyond the competitive nature of this specific BPA call.

How does the pricing of these industrial supplies compare to market rates or other federal contracts?

A comprehensive comparison requires detailed itemization of the procured supplies and their unit costs. Benchmarking against GSA Schedule pricing for identical or comparable items, as well as analyzing pricing from other federal agencies or commercial vendors, would be essential. The 'FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT' clause introduces a layer of complexity, as the final price could deviate from the initial quote. A thorough analysis would involve tracking the economic price adjustment mechanism and comparing the potential ceiling price against market benchmarks to determine if the government secured a competitive price.

What are the specific risks associated with the 'Economic Price Adjustment' clause in this contract?

The primary risk of an Economic Price Adjustment (EPA) clause is the potential for the contract price to increase over time due to fluctuations in market conditions, such as raw material costs, labor, or transportation. While EPA clauses are intended to protect contractors from unforeseen cost increases and ensure fair pricing, they can lead to higher overall spending for the government if market prices rise significantly. The specific index or formula used for adjustment, and the caps or limitations on such adjustments, are critical factors in quantifying this risk. Without knowing the specific adjustment mechanism, it's difficult to precisely quantify the potential cost escalation.

What is the typical spending pattern for industrial supplies through GSA BPA calls?

Spending patterns for industrial supplies through GSA BPA calls can vary widely depending on the specific agencies utilizing the BPA and the types of supplies procured. Generally, BPA calls are used for recurring needs or to streamline the procurement of specific items. Federal agencies often use these vehicles for operational necessities. Analyzing historical data from GSA for similar BPAs would reveal trends in volume, frequency, and average award values. This particular BPA call, with a duration of 8 days and a value of $14,024.38, appears to be for a relatively small, potentially urgent, or specific set of supplies rather than a large-scale, long-term commitment.

How does the number of bidders (22) influence the potential value for money in this contract?

A high number of bidders, such as 22 in this case, generally indicates a competitive market and increases the likelihood of achieving favorable pricing. When multiple companies vie for a contract, they are incentivized to offer their best prices and terms to win the award. This robust competition helps in price discovery, ensuring that the government is not overpaying for the goods or services. However, the ultimate value for money also depends on the quality of the goods, the contractor's performance, and the specific terms of the contract, including any price adjustment clauses.

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: $14,024

Exercised Options: $14,024

Current Obligation: $14,024

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSHA21A0003

IDV Type: BPA

Timeline