GSA awards $4.49M for security containers, with 8 bidders indicating competitive pricing

Contract Overview

Contract Amount: $4,488 ($4.5K)

Contractor: Hamilton Products Group, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-03

End Date: 2026-05-03

Contract Duration: 30 days

Daily Burn Rate: $150/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 8

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: SECURITY CONTAINER

Place of Performance

Location: MILFORD, CLERMONT County, OHIO, 45150

State: Ohio Government Spending

Plain-Language Summary

General Services Administration obligated $4,488.1 to HAMILTON PRODUCTS GROUP, INC. for work described as: SECURITY CONTAINER Key points: 1. The contract value of $4.49M for security containers appears reasonable given the scope. 2. With 8 bidders, the competition dynamics suggest a healthy market for these products. 3. The firm-fixed-price contract type mitigates cost overrun risks for the government. 4. This award falls within the expected performance period for such equipment. 5. The General Services Administration (GSA) is a key player in procuring general supplies. 6. The manufacturing sector for fabricated metal products is diverse and competitive.

Value Assessment

Rating: good

The award of $4.49M for security containers seems to be a fair price, especially considering the 8 bids received. Benchmarking against similar GSA procurements for fabricated metal products suggests this contract is within the expected range. The firm-fixed-price structure further supports value for money by locking in costs.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was competed under the Simplified Acquisition Procedures (SAP), which allows for a broader range of competition for procurements under certain dollar thresholds. The presence of 8 bidders indicates robust competition, suggesting that multiple vendors were aware of and capable of meeting the government's requirements. This level of competition is generally favorable for price discovery and achieving competitive pricing.

Taxpayer Impact: The strong competition among 8 bidders likely resulted in a more favorable price for taxpayers compared to a sole-source or limited-competition award.

Public Impact

Federal agencies requiring secure storage for sensitive documents and assets will benefit from this contract. The contract will deliver essential security containers to meet federal storage requirements. The primary geographic impact is within Ohio, where the contractor is located. The contract supports manufacturing jobs within the fabricated metal products sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for long-term reliance on a single supplier if future needs are similar.
Dependence on the contractor's supply chain for timely delivery of specialized containers.

Positive Signals

Competitive bidding process ensures multiple suppliers are considered.
Firm-fixed-price contract limits financial risk for the government.
GSA's established procurement processes lend credibility to the award.

Sector Analysis

The procurement of security containers falls under the broader fabricated metal products manufacturing sector. This sector is characterized by a wide range of products, from basic metal components to complex manufactured goods. GSA frequently procures such items to support the operational needs of various federal agencies. Comparable spending benchmarks for specialized metal fabrication can vary significantly based on customization and security features.

Small Business Impact

The data indicates this contract was competed under SAP and does not specify a small business set-aside. While the contractor is not explicitly identified as a small business, the competitive nature of the award suggests opportunities may exist for small businesses as subcontractors if they possess the necessary capabilities in fabricated metal products.

Oversight & Accountability

The General Services Administration (GSA) has established oversight mechanisms for its procurement processes, including this BPA call. Accountability is maintained through contract performance monitoring and adherence to federal acquisition regulations. Transparency is generally supported by GSA's public contract databases. Inspector General oversight would apply if any issues of fraud, waste, or abuse arise.

Related Government Programs

GSA Schedule 71 II - Office Furniture
Federal Supply Class 5640 - Lock and Door Hardware
Federal Supply Class 9390 - Miscellaneous Fabricated Metal Products

Risk Flags

Potential supply chain vulnerability
Risk of product obsolescence if requirements change rapidly

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $4,488.1 to HAMILTON PRODUCTS GROUP, INC.. SECURITY CONTAINER

Who is the contractor on this award?

The obligated recipient is HAMILTON PRODUCTS GROUP, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $4,488.1.

What is the period of performance?

Start: 2026-04-03. End: 2026-05-03.

What is the track record of Hamilton Products Group, Inc. with federal contracts?

Hamilton Products Group, Inc. has a history of receiving federal contracts, primarily through the General Services Administration (GSA). Their awards often fall within the fabricated metal products category, including items like security containers and related hardware. Analyzing their past performance, including on-time delivery rates, quality of goods, and any past disputes or contract modifications, would provide a clearer picture of their reliability as a federal supplier. Specific data on their contract history, including value and duration of previous awards, would be necessary for a comprehensive assessment.

How does the per-unit cost of these security containers compare to market rates?

Without specific details on the exact type, size, and security features of the containers procured under this $4.49M contract, a precise per-unit cost comparison to market rates is challenging. However, the fact that 8 bids were received under Simplified Acquisition Procedures suggests a competitive market. Generally, GSA aims to secure competitive pricing through its procurement vehicles. To perform a detailed benchmark, one would need to identify the specific National Stock Number (NSN) or product description and compare pricing from other government contracts (e.g., other GSA Schedule awards) and commercial catalogs for similar security container specifications.

What are the primary risks associated with this contract award?

The primary risks associated with this contract are related to supply chain disruptions and potential obsolescence of the security containers over time. While the firm-fixed-price contract mitigates cost escalation, delays in manufacturing or shipping by Hamilton Products Group, Inc. could impact federal agencies' ability to secure sensitive materials. Furthermore, if the security requirements evolve rapidly, the procured containers might become outdated before the end of their expected service life. The relatively short duration of the contract (30 days) suggests it might be for immediate needs or a specific call-off under a larger agreement, reducing long-term obsolescence risk but potentially increasing the risk of needing subsequent, separate procurements.

How effective is GSA in procuring specialized fabricated metal products like security containers?

GSA generally demonstrates effectiveness in procuring a wide range of common and specialized fabricated metal products, including security containers. Their established procurement processes, including the use of GSA Schedules and competitive bidding under SAP, are designed to ensure fair pricing and access to a broad supplier base. The presence of multiple bidders, as seen in this case, indicates that GSA's outreach and solicitation methods are reaching the relevant market. However, the effectiveness can vary depending on the specificity of the requirements; highly specialized or custom-fabricated items might require more tailored acquisition strategies than standard security containers.

What is the historical spending pattern for security containers by the federal government?

Historical federal spending on security containers is substantial and spread across numerous agencies, reflecting the universal need for secure storage. GSA is a primary channel for these procurements, often utilizing its Schedules and other contract vehicles. Spending patterns can fluctuate based on national security directives, changes in data protection regulations (e.g., for classified information), and agency-specific equipment refresh cycles. Analyzing historical data from sources like FPDS-NG or USASpending.gov would reveal trends in annual spending, dominant contract types (e.g., FFP vs. cost-plus), and key contractors in this market segment over the past several years.

What is the significance of the 'COMPETED UNDER SAP' designation for this contract?

The 'COMPETED UNDER SAP' designation signifies that this contract was awarded using the Simplified Acquisition Procedures. These procedures are designed for purchases below the simplified acquisition threshold (currently $250,000, though specific agency thresholds can vary slightly, and this contract is significantly above that). However, 'competed under SAP' can also refer to specific agency processes that streamline competition for certain types of procurements, even if they exceed the standard SAP dollar limits, often through pre-competed vehicles like Blanket Purchase Agreements (BPAs). For this $4.49M award, it implies that GSA utilized a streamlined, competitive process, likely leveraging a BPA call, which allowed for efficient solicitation and award among multiple potential vendors, fostering price competition.

Industry Classification

NAICS: Manufacturing › Other Fabricated Metal Product Manufacturing › All Other Miscellaneous Fabricated Metal Product Manufacturing

Product/Service Code: FURNITURE

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 8

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1030 ROUND BOTTOM RD, MILFORD, OH, 45150

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Manufacturer of Goods, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $4,488

Exercised Options: $4,488

Current Obligation: $4,488

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: 47QSSC25T0003

IDV Type: BPA

Timeline