GSA Purchases 330 Wrench Units for $3,295, Aiming for Durability with Stainless Steel

Contract Overview

Contract Amount: $3,295 ($3.3K)

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: $10/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: WRENCH, SPANNER: STYLE:HOOK OVERALL LENGTH: 8-1/2 INCHES WIDTH: 3-1/2 INCHES HOOK THICKNESS: 1/2 INCH WEIGHT: 2 POUNDSMATERIAL: STAINLESS STEELCURTISS-WRIGHT ELECTRO-MECHANICAL CORP. PN 15208N18 OR EQUAL (PARTIALDESCRIPTION)

Place of Performance

Location: ALCOA, BLOUNT County, TENNESSEE, 37701

State: Tennessee Government Spending

Plain-Language Summary

General Services Administration obligated $3,295 to CONSOLIDATED INVENTORY SUPPLY, INC. for work described as: WRENCH, SPANNER: STYLE:HOOK OVERALL LENGTH: 8-1/2 INCHES WIDTH: 3-1/2 INCHES HOOK THICKNESS: 1/2 INCH WEIGHT: 2 POUNDSMATERIAL: STAINLESS STEELCURTISS-WRIGHT ELECTRO-MECHANICAL CORP. PN 15208N18 OR EQUAL (PARTIALDESCRIPTION) Key points: 1. High-quality stainless steel wrenches purchased for long-term use. 2. Competition method (SAP) suggests potential for price optimization. 3. Risk of overpaying exists if market research was limited. 4. Manufacturing sector (332216) is standard for hand tools.

Value Assessment

Rating: fair

The unit price of approximately $10 per wrench appears reasonable for stainless steel tools of this size and weight. However, without specific details on the 'or equal' component and the exact specifications met, a precise comparison is difficult.

Cost Per Unit: $10.03

Competition Analysis

Competition Level: limited

The contract was competed under SAP (Simplified Acquisition Procedures), indicating a limited competition environment. While SAP can expedite procurement, it may not always yield the lowest possible price compared to full and open competition.

Taxpayer Impact: The use of SAP suggests an effort to balance speed and cost-effectiveness, but the limited competition could mean taxpayers are not getting the absolute best price available.

Public Impact

Ensures availability of essential tools for federal agencies. Stainless steel construction implies resistance to corrosion and wear, extending product life. Supports the handtool manufacturing industry.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition under SAP
Potential for price not being fully optimized
Vague 'or equal' specification

Positive Signals

Durable stainless steel material
Long contract duration (330 days)
Clear end date for delivery

Sector Analysis

This purchase falls within the Saw Blade and Handtool Manufacturing sector. Spending benchmarks for this sector vary widely based on tool type and volume, but the unit price here seems within a typical range for specialized stainless steel tools.

Small Business Impact

The data does not indicate if 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) is responsible for this procurement through its Federal Acquisition Service. Oversight would involve ensuring the terms of the purchase order are met and the quality of the tools is satisfactory.

Related Government Programs

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

Risk Flags

Limited competition may have led to a higher price.
Ambiguity in 'or equal' specification could impact quality assurance.
Lack of detail on specific use case.
No clear indication of small business participation.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $3,295 to CONSOLIDATED INVENTORY SUPPLY, INC.. WRENCH, SPANNER: STYLE:HOOK OVERALL LENGTH: 8-1/2 INCHES WIDTH: 3-1/2 INCHES HOOK THICKNESS: 1/2 INCH WEIGHT: 2 POUNDSMATERIAL: STAINLESS STEELCURTISS-WRIGHT ELECTRO-MECHANICAL CORP. PN 15208N18 OR EQUAL (PARTIALDESCRIPTION)

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 $3,295.

What is the period of performance?

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

What is the primary driver for selecting stainless steel for these wrenches, and does it justify the potential cost premium?

The primary driver for selecting stainless steel is likely its superior corrosion resistance and durability compared to standard carbon steel. This is crucial for tools used in environments where rust or contamination is a concern, or where longevity is paramount. While stainless steel can be more expensive, its extended lifespan and reduced maintenance needs can justify the initial cost premium over the total cost of ownership.

How was the 'or equal' part of the specification evaluated to ensure fair pricing and equivalent quality?

The evaluation of 'or equal' components typically involves a technical review by the agency to confirm that the offered product meets or exceeds the specified performance, design, and material requirements of the named part (PN 15208N18). Price discovery under SAP is influenced by the number of quotes received and the agency's negotiation leverage. If only a few quotes were obtained, the price might not reflect the most competitive market rate.

What is the expected usage scenario for these specific wrenches, and how does their weight and size align with typical federal agency needs?

The 8-1/2 inch length and 2-pound weight suggest these are heavy-duty or specialized wrenches, possibly for maintenance, repair, or operational tasks in demanding environments. Their substantial build from stainless steel indicates a need for robustness and longevity. The specific agency and intended use within the General Services Administration would clarify if these specifications are standard or tailored for a particular requirement.

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: $3,295

Exercised Options: $3,295

Current Obligation: $3,295

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline