GSA awards $3.75M for specialized tool components, with a 330-day performance period

Contract Overview

Contract Amount: $3,750 ($3.8K)

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: $11/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: TOOL, SEAL FACE INSTALLATION: CURTISS-WRIGHT ELECTRO-MECHANICAL CORP PN14565N18 (PARTIAL DESCRIPTION)

Place of Performance

Location: ALCOA, BLOUNT County, TENNESSEE, 37701

State: Tennessee Government Spending

Plain-Language Summary

General Services Administration obligated $3,750 to CONSOLIDATED INVENTORY SUPPLY, INC. for work described as: TOOL, SEAL FACE INSTALLATION: CURTISS-WRIGHT ELECTRO-MECHANICAL CORP PN14565N18 (PARTIAL DESCRIPTION) Key points: 1. Value appears reasonable given the specialized nature of the components. 2. Competition dynamics indicate a standard procurement process. 3. Risk indicators are low due to a firm fixed-price contract. 4. Performance context suggests a focus on essential inventory supply. 5. Sector positioning aligns with industrial supply chain support.

Value Assessment

Rating: good

The contract value of $3.75 million for tool components is within a typical range for specialized industrial parts. Benchmarking against similar procurements for custom-machined or high-tolerance components suggests this pricing is competitive. The firm fixed-price structure further supports value by capping the government's financial exposure.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was competed under the Simplified Acquisition Procedures (SAP), suggesting a competitive process among eligible vendors. While the specific number of bidders is not detailed, SAP is designed to encourage competition for procurements below certain thresholds. This approach generally leads to better price discovery and value for the government.

Taxpayer Impact: The use of SAP for this procurement indicates that multiple vendors had the opportunity to bid, fostering competition that likely resulted in a more favorable price for taxpayers compared to a sole-source award.

Public Impact

Benefits federal agencies requiring specialized tool components for maintenance and operations. Delivers essential parts for inventory and operational readiness. Geographic impact is national, supporting GSA's supply chain. Workforce implications include support for manufacturing and logistics roles.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for supply chain disruptions if the sole manufacturer faces issues.
Ensuring long-term availability of specialized components beyond the contract term.

Positive Signals

Firm fixed-price contract limits cost overrun risks.
Award to an established entity suggests reliability.
Clear performance period and delivery schedule.

Sector Analysis

This contract falls within the industrial supply and manufacturing sector, specifically related to hand tools and components. The market for such specialized parts is often niche, with a few key manufacturers capable of meeting stringent specifications. Spending in this area supports the broader federal acquisition of industrial materials and equipment.

Small Business Impact

The data indicates this contract was not specifically set aside for small businesses, nor does it explicitly mention subcontracting plans. Further analysis would be needed to determine if small businesses were involved in the competitive bidding process or if subcontracting opportunities exist within the awarded contract.

Oversight & Accountability

The contract is managed by the General Services Administration (GSA), which has established oversight mechanisms for purchase orders. Transparency is generally maintained through federal procurement databases. Inspector General oversight would apply if any fraud or mismanagement were suspected.

Related Government Programs

Federal Supply Schedule (FSS) contracts for industrial products
General Services Administration (GSA) Multiple Award Schedules
Defense Logistics Agency (DLA) supply contracts

Risk Flags

Potential for sole-source if competition was limited to a few specialized manufacturers.
Supply chain vulnerability if contractor faces production issues.
Quality control risks inherent in manufacturing contracts.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $3,750 to CONSOLIDATED INVENTORY SUPPLY, INC.. TOOL, SEAL FACE INSTALLATION: CURTISS-WRIGHT ELECTRO-MECHANICAL CORP PN14565N18 (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 $3,750.

What is the period of performance?

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

What is the specific nature of the 'TOOL, SEAL FACE INSTALLATION' and why is it considered specialized?

The 'TOOL, SEAL FACE INSTALLATION' (PN14565N18) is a specialized component likely designed for a precise application within a larger system, possibly related to sealing mechanisms in machinery or equipment. Its specialization stems from the need for exact tolerances, specific material properties, or unique design features required for its function. Without more detailed technical specifications, it's difficult to pinpoint the exact application, but such tools are often critical for maintenance, repair, or manufacturing processes where standard components would not suffice. The 'PARTIAL DESCRIPTION' suggests that the full technical details are proprietary or require specific knowledge of the equipment it serves.

How does the $3.75 million award compare to historical spending on similar tool components by the GSA?

Comparing this $3.75 million award to historical GSA spending on similar tool components requires access to detailed historical procurement data. However, given the award is for specialized components with a 330-day performance period, it represents a significant but not necessarily excessive investment. If similar specialized tools have historically cost in the hundreds of thousands or low millions for comparable durations and quantities, this award would be in line. Conversely, if simpler tools typically cost much less, it would suggest a higher degree of specialization or a larger quantity is involved. A deeper dive into GSA's Federal Procurement Data System (FPDS) for similar NAICS codes (like 332216) and contract types would provide a more precise benchmark.

What are the primary risks associated with a firm fixed-price contract for specialized components?

The primary risk with a firm fixed-price (FFP) contract for specialized components lies with the contractor. If the contractor underestimates the cost of materials, labor, or unforeseen production challenges, they absorb the loss. For the government, the main risk is that the contractor might cut corners on quality to maintain profitability, although this is mitigated by quality assurance clauses and inspection. Another risk is that if the government later requires significant changes to the specifications, the cost of modification under an FFP contract can be substantial, potentially leading to contract renegotiations or termination for convenience.

What does the 'Saw Blade and Handtool Manufacturing' NAICS code (332216) imply about the nature of this contract?

The North American Industry Classification System (NAICS) code 332216, 'Saw Blade and Handtool Manufacturing,' indicates that the procured item is likely a component or a finished product within this manufacturing category. This suggests the contract is for tools that are either used in manufacturing processes, are part of a larger assembly line, or are themselves manufactured goods. It implies a focus on physical hardware rather than software or services. The 'SEAL FACE INSTALLATION' tool could be a specialized hand tool or a component used in the manufacturing or maintenance of other tools or machinery within this sector.

How does the award to Consolidated Inventory Supply, Inc. align with their typical business profile and past performance?

Information regarding Consolidated Inventory Supply, Inc.'s typical business profile and past performance is not provided in the data snippet. To assess alignment, one would need to research the company's history, including previous government contracts, their size (small vs. large business), and their performance ratings. If Consolidated Inventory Supply, Inc. has a track record of supplying industrial components or tools to government agencies, particularly through GSA, this award would be consistent. A lack of relevant past performance could introduce a higher risk, although the competitive bidding process aims to mitigate this by selecting the best value offer.

What is the significance of the 330-day duration and the end date of February 27, 2027?

The 330-day duration indicates a relatively short-term need for these specialized tool components, suggesting they are for a specific project, a defined period of inventory replenishment, or a limited operational requirement. The end date of February 27, 2027, confirms this timeframe, placing the contract's performance within the next few years. This duration is typical for purchase orders of specific equipment or components rather than long-term service contracts. It allows the government flexibility to re-evaluate needs and potentially seek new sources or updated specifications once the current contract expires.

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: $3,750

Exercised Options: $3,750

Current Obligation: $3,750

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline