GSA awards $847K for Curtiss-Wright tools, impacting saw blade and handtool manufacturing sector

Contract Overview

Contract Amount: $8,470 ($8.5K)

Contractor: Consolidated Inventory Supply, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-03

End Date: 2027-02-27

Contract Duration: 330 days

Daily Burn Rate: $26/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: TOOL, RETAINER: CURTISS-WRIGHT EPD PN 15209N18 (PARTIAL DESCRIPTION)

Place of Performance

Location: ALCOA, BLOUNT County, TENNESSEE, 37701

State: Tennessee Government Spending

Plain-Language Summary

General Services Administration obligated $8,470 to CONSOLIDATED INVENTORY SUPPLY, INC. for work described as: TOOL, RETAINER: CURTISS-WRIGHT EPD PN 15209N18 (PARTIAL DESCRIPTION) Key points: 1. Spending is concentrated on a specific tool part, indicating a niche requirement. 2. Competition was present, suggesting potential for price discovery. 3. The contract duration is relatively short, limiting long-term price risk. 4. The sector is related to manufacturing, with potential implications for industrial supply chains.

Value Assessment

Rating: fair

The award amount of $847,000 for a specific tool retainer seems reasonable given the firm fixed price contract. However, without specific unit cost data or comparison to similar specialized tool procurements, a definitive value assessment is challenging.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP (Simplified Acquisition Procedures), suggesting a competitive process for smaller dollar value procurements. While competition existed, the limited scope and specific nature of the part may have restricted the number of potential bidders.

Taxpayer Impact: The taxpayer impact is likely minimal given the relatively small contract value and the competitive nature of the award, which should have helped secure a fair price.

Public Impact

Ensures availability of specialized tools for government operations. Supports the manufacturing sector, specifically handtool and saw blade production. Potential for broader application of these tools in other government agencies.

Waste & Efficiency Indicators

Waste Risk Score: 26 / 10

Warning Flags

Limited competition due to specialized part
Potential for price escalation if demand increases
Reliance on a single supplier for this specific part

Positive Signals

Firm fixed price contract limits cost overrun risk
Competitive bidding process achieved
Short contract duration minimizes long-term commitment

Sector Analysis

The procurement falls within the Saw Blade and Handtool Manufacturing sector (NAICS 332216). Spending benchmarks for this specific type of tool retainer are not readily available, but the overall sector supports industrial and maintenance operations.

Small Business Impact

The data does not indicate whether small businesses were involved in this procurement. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The General Services Administration (GSA) managed this procurement through its Federal Acquisition Service, utilizing SAP for a competed purchase order, indicating standard oversight procedures for this contract type and value.

Related Government Programs

Saw Blade and Handtool Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Limited competition
Potential supply chain vulnerability
Lack of detailed cost breakdown
Dependence on specific part manufacturer

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $8,470 to CONSOLIDATED INVENTORY SUPPLY, INC.. TOOL, RETAINER: CURTISS-WRIGHT EPD PN 15209N18 (PARTIAL DESCRIPTION)

Who is the contractor on this award?

The obligated recipient is CONSOLIDATED INVENTORY SUPPLY, INC..

Which agency awarded this contract?

Awarding agency: General Services Administration (Federal Acquisition Service).

What is the total obligated amount?

The obligated amount is $8,470.

What is the period of performance?

Start: 2026-04-03. End: 2027-02-27.

What is the specific operational need driving the requirement for this particular Curtiss-Wright tool retainer?

The specific operational need for the Curtiss-Wright EPD PN 15209N18 tool retainer is not detailed in the provided data. However, its classification under Saw Blade and Handtool Manufacturing suggests it is likely used in maintenance, repair, or operational activities requiring specialized tooling within government facilities or equipment.

What are the potential risks associated with relying on a limited number of suppliers for specialized tool components?

Relying on a limited number of suppliers for specialized tool components carries risks such as potential supply chain disruptions, price increases due to lack of competition, and reduced flexibility in sourcing. If the primary supplier faces production issues or decides to discontinue the product, the government could face significant delays or be forced to accept higher prices from alternative, potentially less suitable, sources.

How does the firm fixed price contract structure mitigate financial risks for the government in this procurement?

The firm fixed price (FFP) contract structure is highly beneficial for the government as it locks in the price for the goods or services at the time of award. This means that regardless of any cost increases incurred by the contractor during the performance period, the government is only obligated to pay the agreed-upon price. This effectively transfers the risk of cost overruns from the government to the contractor.

Industry Classification

NAICS: Manufacturing › Cutlery and Handtool Manufacturing › Saw Blade and Handtool Manufacturing

Product/Service Code: HAND TOOLS

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 3479 NORTHBEND CIR, ALCOA, TN, 37701

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $8,470

Exercised Options: $8,470

Current Obligation: $8,470

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline