GSA awards $6,650 for handtools, including wrenches and spanners, with a 225-day duration

Contract Overview

Contract Amount: $6,650 ($6.7K)

Contractor: Consolidated Inventory Supply, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-03

End Date: 2026-11-14

Contract Duration: 225 days

Daily Burn Rate: $30/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: WRENCH, SPANNER: CURTISS-WRIGHT ELECTRO-MECHANICAL CORPORATION PN 16977N18 (PARTIAL DESCRIPTION)

Place of Performance

Location: ALCOA, BLOUNT County, TENNESSEE, 37701

State: Tennessee Government Spending

Plain-Language Summary

General Services Administration obligated $6,650 to CONSOLIDATED INVENTORY SUPPLY, INC. for work described as: WRENCH, SPANNER: CURTISS-WRIGHT ELECTRO-MECHANICAL CORPORATION PN 16977N18 (PARTIAL DESCRIPTION) Key points: 1. Spending on handtools is common across government agencies. 2. Curtiss-Wright is a known supplier in this category. 3. The contract is a purchase order, indicating a standard procurement method. 4. The small business status is not specified, which could be a missed opportunity.

Value Assessment

Rating: fair

The award amount of $6,650 for handtools appears reasonable for a small quantity purchase. Benchmarking against similar GSA Schedule contracts for tools would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP (Simplified Acquisition Procedures), suggesting a limited competition environment. This method is typically used for purchases under the micro-purchase threshold, which may limit price discovery.

Taxpayer Impact: The taxpayer impact is minimal given the small award amount, but the efficiency of the procurement process could be improved.

Public Impact

Ensures availability of essential tools for government operations. Supports the maintenance and repair of government equipment. Procurement process is streamlined for smaller value items.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of small business participation.
Limited competition due to SAP.

Positive Signals

Timely delivery of essential equipment.
Use of a standard procurement vehicle (Purchase Order).

Sector Analysis

The handtool manufacturing sector (NAICS 332216) is a mature industry with established suppliers. Government spending in this area is consistent for operational needs, with typical contract values varying based on quantity and specific tool types.

Small Business Impact

The data indicates that this contract was not awarded to a small business. Agencies should prioritize opportunities to engage small businesses, especially in sectors like handtool manufacturing where they are prevalent.

Oversight & Accountability

Purchase orders are generally subject to standard GSA oversight. However, the limited competition under SAP might reduce the intensity of oversight compared to larger, more complex procurements.

Related Government Programs

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

Risk Flags

Potential for overpayment due to limited competition.
Lack of small business participation.
Insufficient detail on specific tool types for thorough analysis.
Short contract duration may require follow-on actions.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $6,650 to CONSOLIDATED INVENTORY SUPPLY, INC.. WRENCH, SPANNER: CURTISS-WRIGHT ELECTRO-MECHANICAL CORPORATION PN 16977N18 (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 $6,650.

What is the period of performance?

Start: 2026-04-03. End: 2026-11-14.

What is the typical unit cost for these specific wrenches and spanners to assess value?

Without specific part numbers or detailed descriptions, determining the exact unit cost is challenging. However, for standard industrial-grade wrenches and spanners, unit costs can range from $10 to $100 or more, depending on size, material, brand, and features. A review of GSA Advantage or other federal procurement data for similar items would be necessary for a precise benchmark.

What are the risks associated with limited competition under SAP for this purchase?

Limited competition under Simplified Acquisition Procedures (SAP) increases the risk of paying a higher price than might be achievable through broader competition. It can also limit the pool of potential suppliers, potentially excluding innovative or more cost-effective solutions. Transparency and justification for limited competition are crucial to mitigate these risks.

How effectively does this purchase support the Federal Acquisition Service's mission?

This purchase directly supports the Federal Acquisition Service's mission by providing necessary tools for its operations and potentially for distribution to other agencies. Ensuring the availability of essential equipment like wrenches and spanners is fundamental to maintaining government assets and facilitating agency functions, contributing to overall operational effectiveness.

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: $6,650

Exercised Options: $6,650

Current Obligation: $6,650

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline