GSA awards $3,980 contract for saw blades and handtools to Premier & Companies, Inc

Contract Overview

Contract Amount: $3,980 ($4.0K)

Contractor: Premier & Companies, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-03

End Date: 2026-06-02

Contract Duration: 60 days

Daily Burn Rate: $66/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: LABEL: ITEM NAME LABEL OVERALL WIDTH 2.500 INCHES OVERALL LENGTH 35.00 INCHES USAGE APPLICATION USED ON A B6, 10 TON JACK UNIT SHAPE RECTANGULAR MARKING DESIGNATION LEGEND (PARTIAL DESCRIPTION)

Place of Performance

Location: NEW YORK, NEW YORK County, NEW YORK, 10001

State: New York Government Spending

Plain-Language Summary

General Services Administration obligated $3,980 to PREMIER & COMPANIES, INC. for work described as: LABEL: ITEM NAME LABEL OVERALL WIDTH 2.500 INCHES OVERALL LENGTH 35.00 INCHES USAGE APPLICATION USED ON A B6, 10 TON JACK UNIT SHAPE RECTANGULAR MARKING DESIGNATION LEGEND (PARTIAL DESCRIPTION) Key points: 1. Contract value appears to be for a small quantity of specialized items. 2. Limited competition is suggested by the contract type and award process. 3. Performance risk is likely low given the nature of the goods. 4. The contract duration is short, indicating a tactical procurement. 5. This falls within the broader manufacturing and tools sector.

Value Assessment

Rating: questionable

The contract value of $3,980 is very low, making a direct value-for-money assessment difficult without knowing the specific items and quantities. Benchmarking is challenging due to the lack of detailed product information and the small scale of the award. The fixed-price nature suggests cost certainty, but the overall value proposition is unclear.

Cost Per Unit: N/A

Competition Analysis

Competition Level: unknown

The contract was competed under SAP (Simplified Acquisition Procedures), which typically involves less formal competition than larger procurements. The number of bidders is not specified, but SAP awards often have limited participation. This suggests that while some level of competition may have occurred, it was likely not a broad, open solicitation.

Taxpayer Impact: For taxpayers, simplified acquisition procedures can offer efficiency for smaller purchases, but the lack of robust competition might mean slightly higher prices than could be achieved through a wider bidding process.

Public Impact

The primary beneficiaries are likely government agencies requiring specialized saw blades and handtools for maintenance or operational use. The services delivered are the provision of specific tools, essential for various repair and operational tasks. The geographic impact is concentrated in New York, where the contractor is located. Workforce implications are minimal, likely involving existing manufacturing or distribution roles.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of transparency regarding the number of bidders and specific product details.
Potential for higher unit costs due to limited competition under SAP.
Unclear if small business subcontracting opportunities were considered or utilized.

Positive Signals

Procurement utilized simplified acquisition procedures, potentially leading to faster delivery for essential items.
Firm fixed-price contract provides cost certainty for this specific purchase.
Contract awarded to a US-based company (Premier & Companies, Inc.).

Sector Analysis

This contract falls within the broader industrial and manufacturing sector, specifically related to tools and hardware. The market for saw blades and handtools is diverse, with many suppliers ranging from large manufacturers to specialized distributors. Government procurement in this area often relies on established supply chains and competitive bidding for larger quantities, while smaller, specialized needs may be met through simplified acquisition processes.

Small Business Impact

The contract does not indicate it was a small business set-aside. Given the small award value, it's unlikely to have significant subcontracting implications. The impact on the broader small business ecosystem is minimal for this specific transaction.

Oversight & Accountability

Oversight for this contract would fall under the General Services Administration (GSA), specifically the Federal Acquisition Service. Standard procurement regulations and internal GSA policies would apply. Transparency is limited by the nature of SAP awards, but contract award data is generally available.

Related Government Programs

Federal Supply Schedule (FSS) contracts for tools and hardware
General Services Administration (GSA) Multiple Award Schedule (MAS)
Procurements for maintenance, repair, and operations (MRO) supplies

Risk Flags

Limited competition potential
Lack of detailed product specification in award data

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $3,980 to PREMIER & COMPANIES, INC.. LABEL: ITEM NAME LABEL OVERALL WIDTH 2.500 INCHES OVERALL LENGTH 35.00 INCHES USAGE APPLICATION USED ON A B6, 10 TON JACK UNIT SHAPE RECTANGULAR MARKING DESIGNATION LEGEND (PARTIAL DESCRIPTION)

Who is the contractor on this award?

The obligated recipient is PREMIER & COMPANIES, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $3,980.

What is the period of performance?

Start: 2026-04-03. End: 2026-06-02.

What specific types of saw blades and handtools were procured under this contract?

The provided data indicates the contract is for 'Saw Blade and Handtool Manufacturing' with a designation legend that is partially described. However, the specific item names, part numbers, or detailed descriptions of the saw blades and handtools are not available in the provided data. To understand the exact nature of the procurement, one would need to access the full contract details or associated documentation, which would list the specific National Stock Numbers (NSNs) or manufacturer part numbers and their corresponding descriptions. Without this, it's impossible to ascertain if these are standard items or highly specialized tools.

How does the $3,980 award amount compare to typical GSA procurements for similar items?

The $3,980 award is exceptionally small when compared to typical GSA procurements for tools and hardware, which often run into tens or hundreds of thousands of dollars, especially when awarded through larger vehicles like the Multiple Award Schedule (MAS) or through competitive bids for bulk quantities. This low value suggests either a very limited quantity of items, highly specialized and expensive individual units, or a very specific, immediate need. Standard procurements for common hand tools or saw blades in bulk would likely exceed this amount significantly, even for a single purchase order.

What is the typical performance risk associated with procuring saw blades and handtools?

The performance risk for procuring standard saw blades and handtools is generally considered low. These are typically off-the-shelf items with well-understood specifications and performance characteristics. Risks are usually associated with product quality (durability, cutting efficiency), timely delivery, and ensuring the items meet the specified standards (e.g., material, size, compatibility). For specialized blades or tools, the risk might increase slightly if custom specifications are involved or if the application is critical, but overall, it's a mature market with predictable outcomes. The low contract value here further suggests a low-risk, routine procurement.

What does 'Competed Under SAP' imply about the competition level and potential pricing?

'Competed Under SAP' means the procurement was conducted using Simplified Acquisition Procedures. These procedures are designed for purchases below the simplified acquisition threshold (currently $250,000). While SAP allows for competition, it often involves fewer bidders and less formal solicitation processes compared to full and open competition. This can lead to quicker awards but may also result in less aggressive pricing. The number of bidders is not specified, but it's reasonable to assume it was likely more than one, but potentially not a large pool, which could influence the final price achieved.

What is the historical spending pattern for saw blades and handtools by the General Services Administration?

Historical spending data for saw blades and handtools by the GSA, and government-wide, is substantial, reflecting the ongoing need for these items across various agencies for maintenance, repair, operations, and construction activities. GSA often facilitates these purchases through its Multiple Award Schedules (MAS) or other contract vehicles, aggregating demand. While specific annual totals fluctuate based on agency needs and budget allocations, spending in this category is consistently in the millions of dollars annually across the federal government. This particular $3,980 award represents a minuscule fraction of that overall spending.

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: 525 WINDSOR DR, SECAUCUS, NJ, 07094

Business Categories: Category Business, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $3,980

Exercised Options: $3,980

Current Obligation: $3,980

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline