GIGA, INC. awarded $14,560 for specialized wrenches, with 2 bids received

Contract Overview

Contract Amount: $14,560 ($14.6K)

Contractor: Giga, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-03

End Date: 2026-10-20

Contract Duration: 200 days

Daily Burn Rate: $73/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: WRENCH KIT,TORQUEONENT QUANTITY: 8 3 CROWFOOT OPEN END WRENCHES YORK INTERNATIONAL PN 029-22875-000 YORK INTERNATIONAL PN 029-22876-000 YORK INTERNATIONAL PN 029-22877-000 1 TORQUE SCREWDRIVER YORK INTERNATIONAL PN 029-22878-000 2 CROWFOOTWRENCHES YO

Place of Performance

Location: MACON, BIBB County, GEORGIA, 31208

State: Georgia Government Spending

Plain-Language Summary

General Services Administration obligated $14,560 to GIGA, INC. for work described as: WRENCH KIT,TORQUEONENT QUANTITY: 8 3 CROWFOOT OPEN END WRENCHES YORK INTERNATIONAL PN 029-22875-000 YORK INTERNATIONAL PN 029-22876-000 YORK INTERNATIONAL PN 029-22877-000 1 TORQUE SCREWDRIVER YORK INTERNATIONAL PN 029-22878-000 2 CROWFOOTWRENCHES YO Key points: 1. The contract value appears reasonable for specialized tooling, though a direct comparison is difficult without more detailed specifications. 2. Limited competition suggests potential for higher pricing than a fully open market. 3. The short performance period (200 days) indicates a need for immediate or short-term operational support. 4. This purchase order falls under the Federal Acquisition Service, indicating a focus on common-use items. 5. The contract is for handtools, a mature manufacturing sector with established pricing benchmarks.

Value Assessment

Rating: fair

The awarded amount of $14,560 for a wrench kit with specific torque screwdriver and crowfoot wrenches seems within a reasonable range for specialized industrial tools. However, without detailed specifications of the tools' precision, material, and brand (beyond 'YORK INTERNATIONAL'), a precise value-for-money assessment is challenging. Benchmarking against similar government contracts for torque wrenches and specialized kits would be necessary for a more definitive evaluation. The fixed-price nature of the contract shifts risk to the contractor.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

This contract was competed under Simplified Acquisition Procedures (SAP), which typically involves fewer than three bids. With two bids received, the competition level is limited. While SAP aims for efficiency, it may not always yield the most competitive pricing compared to full and open competition. The limited number of bidders suggests that the market for these specific tools might be niche or that the solicitation reached a restricted pool of vendors.

Taxpayer Impact: Limited competition under SAP can mean taxpayers may not benefit from the lowest possible prices achievable through broader market engagement.

Public Impact

The General Services Administration (GSA) benefits by acquiring necessary maintenance and operational tools. Maintenance personnel and technicians requiring specialized torque wrenches and crowfoot wrenches will be equipped. The contract supports operations within the Georgia region, indicated by the 'SN' field. The acquisition of tools supports the operational readiness and efficiency of federal maintenance activities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition may lead to suboptimal pricing for taxpayers.
The specific nature of the tools might restrict the number of qualified bidders.
Reliance on a single purchase order for specialized tools could indicate a gap in existing inventory or a new requirement.

Positive Signals

The use of SAP suggests an effort towards efficient procurement for lower-value items.
The fixed-price contract provides cost certainty for the government.
The contract is for essential maintenance equipment, supporting operational needs.

Sector Analysis

The contract falls within the 'Saw Blade and Handtool Manufacturing' industry (NAICS 332216). This sector is characterized by a wide range of products, from basic hand tools to highly specialized precision instruments. Government spending in this area typically supports maintenance, repair, and operations (MRO) across various agencies. The market size for industrial hand tools is substantial, with significant competition among manufacturers and distributors. This specific purchase appears to be for a niche set of tools, likely for a specific maintenance application.

Small Business Impact

The data indicates this contract was not set aside for small businesses (SS: false, SB: false). Given the limited competition and the nature of the specialized tools, it's possible that larger distributors or manufacturers were the primary bidders. There is no explicit information on subcontracting requirements, but for a purchase order of this value and specificity, significant subcontracting to small businesses is unlikely unless the primary contractor is a small business itself.

Oversight & Accountability

This contract was issued as a Purchase Order under the Federal Acquisition Service (FAS) by the General Services Administration (GSA). GSA has established oversight mechanisms for its acquisition programs, including internal audits and compliance reviews. The use of SAP implies adherence to specific procurement regulations designed for efficiency and value. Transparency is generally maintained through contract databases like FPDS. Inspector General oversight would typically apply to investigations of fraud, waste, or abuse related to federal contracts.

Related Government Programs

GSA Federal Acquisition Service
Maintenance, Repair, and Operations (MRO) Supplies
Industrial Hand Tools
Specialized Tooling Procurement

Risk Flags

Limited Competition
Potential for Overpricing
Short Performance Period

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $14,560 to GIGA, INC.. WRENCH KIT,TORQUEONENT QUANTITY: 8 3 CROWFOOT OPEN END WRENCHES YORK INTERNATIONAL PN 029-22875-000 YORK INTERNATIONAL PN 029-22876-000 YORK INTERNATIONAL PN 029-22877-000 1 TORQUE SCREWDRIVER YORK INTERNATIONAL PN 029-22878-000 2 CROWFOOTWRENCHES YO

Who is the contractor on this award?

The obligated recipient is GIGA, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $14,560.

What is the period of performance?

Start: 2026-04-03. End: 2026-10-20.

What is the typical price range for a torque screwdriver and specialized crowfoot wrenches of this nature?

Determining a precise 'typical' price range for this specific kit is challenging without more granular product details. However, industrial-grade torque screwdrivers can range from $100 to over $500 depending on accuracy, torque range, and brand reputation. Specialized crowfoot wrenches, especially those designed for specific torque applications or made from high-grade materials, can cost anywhere from $20 to $100+ each. Given the quantity (3 crowfoot wrenches, 1 torque screwdriver) and the inclusion of other components implied by 'WRENCH KIT', the total of $14,560 for 2 units suggests a unit price of $7,280. This high unit price strongly indicates that these are not standard off-the-shelf tools but highly specialized, possibly calibrated, or part of a larger system requiring specific integration or certification. Further investigation into the 'YORK INTERNATIONAL' part numbers (029-22875-000, etc.) is crucial for accurate benchmarking.

How does the limited competition (2 bidders) impact the value for money for this contract?

Limited competition, as seen with only two bidders for this contract, generally reduces the downward pressure on pricing that occurs in a more robustly competed environment. While SAP aims for efficiency, it doesn't guarantee the best possible price. Taxpayers may end up paying more than they would if multiple vendors were vying for the contract. The specific nature of the tools might inherently limit the number of qualified suppliers, making limited competition somewhat unavoidable. However, without a benchmark from a broader competition, it's difficult to quantify the exact 'loss' in value for money. The GSA's role is to ensure fair and reasonable pricing even under SAP, but the inherent risk of higher costs remains with fewer bidders.

What are the risks associated with a short contract performance period (200 days)?

A short performance period of 200 days (approximately 6-7 months) for a purchase order of specialized tools suggests an immediate or time-sensitive need. The primary risks include potential delays in delivery if the contractor faces production or supply chain issues, which could disrupt the intended operations. It also implies that this is not a long-term sustainment contract, meaning the government may need to re-compete or find alternative sources relatively soon after the current need is met. This can lead to recurring administrative costs associated with procurement. Furthermore, if the tools are critical, any failure to deliver on time could have operational consequences for the end-users.

What does the 'Federal Acquisition Service' designation imply for this contract?

The 'Federal Acquisition Service' (FAS) designation, managed by the General Services Administration (GSA), indicates that this contract likely falls under GSA's purview for procuring common goods and services used across multiple federal agencies. FAS aims to streamline procurement by offering pre-vetted vendors, established contract vehicles, and efficient processes, particularly for items purchased in volume or frequently needed. For this specific contract, it suggests that GSA's acquisition specialists handled the procurement, potentially leveraging existing schedules or simplified procedures like SAP. It implies a focus on standardized, readily available, or frequently procured items, although the 'specialized' nature of these wrenches might represent a niche within FAS offerings.

Can the contractor, GIGA, INC., be assessed for past performance based on this single data point?

Assessing the past performance of GIGA, INC. based solely on this single purchase order is not feasible. This data point provides the award details but does not include any information on GIGA, INC.'s performance history, prior contracts, or any performance evaluations. To assess their track record, one would need to consult databases like the Contractor Performance Assessment Reporting System (CPARS) or review their bidding history on other solicitations. A single, relatively small purchase order under SAP offers limited insight into a contractor's capability to handle larger, more complex, or long-term requirements. Their performance on this specific order, once completed, would be evaluated and potentially recorded in CPARS.

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: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 2448 INDUSTRIAL PARK DR, MACON, GA, 31216

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

Financial Breakdown

Contract Ceiling: $14,560

Exercised Options: $14,560

Current Obligation: $14,560

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline