GSA awards $2.9M purchase order for handtools, with 330-day duration and firm fixed price

Contract Overview

Contract Amount: $2,900 ($2.9K)

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: $9/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PULLER, ROD: CURTISS-WRIGHT ELECTRO-MECHANICAL CORP. PN 14316N18A (PARTIAL DESCRIPTION)

Place of Performance

Location: ALCOA, BLOUNT County, TENNESSEE, 37701

State: Tennessee Government Spending

Plain-Language Summary

General Services Administration obligated $2,900 to CONSOLIDATED INVENTORY SUPPLY, INC. for work described as: PULLER, ROD: CURTISS-WRIGHT ELECTRO-MECHANICAL CORP. PN 14316N18A (PARTIAL DESCRIPTION) Key points: 1. Value for money assessed through firm fixed price contract. 2. Competition dynamics indicate a competed under SAP process. 3. Risk indicators include a single award and a 330-day duration. 4. Performance context is a purchase order for inventory supply. 5. Sector positioning within Saw Blade and Handtool Manufacturing.

Value Assessment

Rating: fair

The contract value of $2.9 million for handtools appears reasonable for a 330-day period. However, without specific details on the types and quantities of tools, a precise value-for-money assessment is challenging. Benchmarking against similar GSA schedules or other federal procurements for comparable toolsets would provide better context. The firm fixed price structure shifts risk to the contractor, which can be beneficial if the contractor accurately estimates costs.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP (Simplified Acquisition Procedures), suggesting a procurement valued below the standard full and open competition thresholds. While the specific number of bidders is not provided, SAP procurements typically involve fewer bidders than larger, full-and-open competitions. This level of competition may not always yield the most aggressive pricing, but it offers a balance between efficiency and market engagement for smaller procurements.

Taxpayer Impact: For taxpayers, competing under SAP aims to streamline the acquisition process for smaller dollar amounts, potentially reducing administrative costs. However, it's crucial that even within SAP, adequate competition is sought to ensure fair pricing and prevent potential overspending.

Public Impact

Federal agencies requiring handtools and saw blades will benefit from this procurement. Services delivered include the supply of essential tools for maintenance and operational tasks. Geographic impact is likely nationwide, supporting various federal installations. Workforce implications include ensuring federal employees have the necessary tools to perform their duties.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition under SAP may not have secured the lowest possible price.
The 330-day duration is relatively short, potentially requiring frequent re-procurement.
Lack of detailed item description makes it difficult to assess the specific value of goods.

Positive Signals

Firm fixed price contract provides cost certainty for the government.
Procurement through GSA Federal Acquisition Service leverages existing contract vehicles.
The award is to Consolidated Inventory Supply, Inc., a known supplier.

Sector Analysis

This contract falls within the Saw Blade and Handtool Manufacturing sector, a segment of the broader industrial and hardware supply market. The federal government is a significant consumer of such goods, utilizing them across numerous agencies for maintenance, repair, and operations (MRO). Spending in this category is often driven by the needs of facilities management, construction, and general operational support. Comparable spending benchmarks would typically be found within GSA's Multiple Award Schedules (MAS) for industrial products.

Small Business Impact

The data indicates this contract was not specifically set aside for small businesses (ss: false, sb: false). While Consolidated Inventory Supply, Inc. may be a small business, the procurement method (SAP) and lack of set-aside designation mean that opportunities for small business subcontracting are not explicitly mandated by this award. The impact on the broader small business ecosystem depends on whether the prime contractor utilizes small business suppliers.

Oversight & Accountability

Oversight for this purchase order would primarily fall under the General Services Administration's Federal Acquisition Service. Accountability is established through the firm fixed price contract terms and the delivery schedule. Transparency is facilitated by the availability of federal procurement data, though detailed item specifications may not always be publicly accessible. Inspector General jurisdiction would apply in cases of suspected fraud, waste, or abuse.

Related Government Programs

GSA Federal Supply Schedule contracts
Maintenance, Repair, and Operations (MRO) supplies
Industrial and hardware procurement
Simplified Acquisition Procedures (SAP) awards

Risk Flags

Limited competition due to SAP procurement.
Single award may limit future competitive opportunities.
Lack of detailed item description hinders full value assessment.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $2,900 to CONSOLIDATED INVENTORY SUPPLY, INC.. PULLER, ROD: CURTISS-WRIGHT ELECTRO-MECHANICAL CORP. PN 14316N18A (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 $2,900.

What is the period of performance?

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

What is the specific breakdown of tools and quantities included in this $2.9 million purchase order?

The provided data does not include a specific breakdown of the tools and quantities covered by this $2.9 million purchase order. The partial description 'PULLER, ROD: CURTISS-WRIGHT ELECTRO-MECHANICAL CORP. PN 14316N18A (PARTIAL DESCRIPTION)' suggests a specific component or tool, but it is insufficient to understand the full scope of the procurement. A detailed list of items, their specifications, and quantities would be necessary to conduct a thorough value analysis and ensure the procured items meet the government's needs effectively. Without this information, it is difficult to benchmark pricing or assess the overall utility of the award.

How does the $2.9 million award compare to historical GSA spending on similar handtools and saw blades?

To compare this $2.9 million award to historical GSA spending on similar items, one would need to access historical procurement data, specifically focusing on contracts categorized under NAICS code 332216 (Saw Blade and Handtool Manufacturing) or related industrial supply categories. This would involve filtering for purchase orders and contracts awarded by the General Services Administration (GSA) over relevant periods. Analyzing the average award values, contract durations, and types of items procured would provide a benchmark. For instance, if historical data shows similar procurements averaging $1 million over 2 years, this $2.9 million award for a 330-day period might appear higher, necessitating a closer look at the specific items and quantities involved.

What are the potential risks associated with a single award purchase order under SAP for this type of supply?

A single award purchase order under SAP for handtools and saw blades carries several potential risks. Firstly, it limits competition, meaning the government may not have received the most competitive pricing available in the market. Secondly, it creates a sole-source dependency for the duration of the contract; if the awarded contractor fails to deliver on time, in the correct quantity, or with acceptable quality, there are no immediate alternative suppliers readily available under this specific award. This could lead to operational disruptions. Lastly, without multiple bids, there's a reduced incentive for the contractor to offer exceptional service or value beyond the contract's minimum requirements.

What is the track record of Consolidated Inventory Supply, Inc. in fulfilling federal contracts for industrial supplies?

Assessing the track record of Consolidated Inventory Supply, Inc. requires examining their past performance on federal contracts, particularly those involving industrial supplies, handtools, and saw blades. This involves reviewing contract databases for previous awards, their values, durations, and on-time delivery rates. Information on any past performance issues, contract terminations, or disputes would also be critical. A history of successful, timely, and quality-driven contract completions would indicate a lower performance risk for this current award. Conversely, a pattern of issues would raise concerns about the contractor's reliability.

How does the firm fixed price (FFP) contract type influence the risk and value proposition for the government in this procurement?

The Firm Fixed Price (FFP) contract type is generally advantageous for the government in procurements like this, as it shifts the risk of cost overruns to the contractor, Consolidated Inventory Supply, Inc. This provides budget certainty, as the total price is fixed regardless of the contractor's actual costs. The value proposition is strong if the initial price negotiated reflects a fair market value for the specified goods. However, if the contractor significantly underestimated costs, they might be incentivized to cut corners on quality or delivery, although the FFP structure itself aims to prevent price increases. The government's primary responsibility under FFP is to clearly define the scope of work and specifications.

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: $2,900

Exercised Options: $2,900

Current Obligation: $2,900

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline