GSA awards $3.58M for cookware and cutlery, with TerraVive LLC securing a 15-day BPA call

Contract Overview

Contract Amount: $3,576 ($3.6K)

Contractor: Terravive LLC

Awarding Agency: General Services Administration

Start Date: 2026-04-07

End Date: 2026-04-22

Contract Duration: 15 days

Daily Burn Rate: $238/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: PLATE,PAPER

Place of Performance

Location: RICHMOND, RICHMOND CITY County, VIRGINIA, 23223

State: Virginia Government Spending

Plain-Language Summary

General Services Administration obligated $3,576.42 to TERRAVIVE LLC for work described as: PLATE,PAPER Key points: 1. Contract value appears moderate for specialized kitchenware procurement. 2. Full and open competition suggests a potentially competitive bidding process. 3. Fixed-price with economic price adjustment indicates potential for cost fluctuations. 4. Short contract duration (15 days) suggests an immediate or urgent need. 5. Procurement falls under the broad category of metal kitchenware manufacturing. 6. No small business set-aside noted, potentially limiting direct small business participation.

Value Assessment

Rating: fair

The contract value of $3.58 million for a 15-day period for cookware and cutlery is notable. Benchmarking against similar, larger-scale federal procurements for kitchenware, this specific award seems to be for a focused need. The fixed-price with economic price adjustment (FPEPA) contract type introduces a layer of risk regarding potential cost increases over the short term, though it can also protect the contractor against unforeseen market shifts. Without more granular data on the specific items and quantities, a precise value-for-money assessment is challenging, but the competitive nature of the award is a positive indicator.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that all responsible sources were permitted to submit bids. This approach generally fosters a competitive environment, encouraging multiple bidders to offer their best pricing and terms. The specific number of bidders is not provided, but the 'full and open' designation suggests that the government sought to maximize competition to achieve favorable pricing and terms for the taxpayer.

Taxpayer Impact: Full and open competition is generally beneficial for taxpayers as it increases the likelihood of receiving competitive pricing and a wider range of product options, potentially leading to cost savings.

Public Impact

Federal agencies requiring kitchenware and cutlery will benefit from the services delivered. The contract supports the operational needs of government facilities, potentially including mess halls or administrative kitchens. Geographic impact is likely nationwide, depending on where the procuring agency has facilities. Workforce implications are primarily within the manufacturing and supply chain of the awarded contractor, TerraVive LLC.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Economic price adjustment clause introduces uncertainty in final cost.
Short contract duration may indicate a reactive procurement rather than strategic planning.
Lack of small business set-aside could limit opportunities for smaller enterprises in this specific award.

Positive Signals

Awarded under full and open competition, suggesting a robust bidding process.
Contractor (TerraVive LLC) has secured a federal award, indicating some level of capability.
Fixed-price element provides some cost certainty, despite the economic adjustment.

Sector Analysis

This contract falls within the broader manufacturing sector, specifically the production of metal kitchenware, utensils, cutlery, and flatware. The market for these goods is diverse, encompassing both commercial and government supply chains. Federal spending in this area typically supports the operational needs of various agencies, from military bases to civilian government offices. Comparable spending benchmarks would involve analyzing historical GSA schedules or other agency procurements for similar categories of goods, considering factors like volume, material, and customization.

Small Business Impact

This contract was not awarded as a small business set-aside, nor does it appear to have specific subcontracting requirements for small businesses mentioned in the provided data. This means that while TerraVive LLC may utilize small businesses in its supply chain, there is no direct mandate for it within this particular award. The absence of a set-aside suggests that the primary focus was on obtaining the best value through open competition, rather than specifically targeting small business participation for this procurement.

Oversight & Accountability

Oversight for this contract would primarily fall under the General Services Administration (GSA), specifically its Federal Acquisition Service. Accountability measures are inherent in the contract terms, including the fixed-price with economic price adjustment structure and the delivery schedule. Transparency is facilitated by the public nature of federal contract awards, allowing for review of basic award details. Inspector General jurisdiction would apply if any fraud, waste, or abuse were suspected in the procurement or execution of this contract.

Related Government Programs

GSA Schedules Program
Federal Supply Service
Procurement of Office and Facilities Supplies
Government Furnished Property

Risk Flags

Potential for cost overruns due to economic price adjustment.
Short contract duration may indicate rushed procurement or potential for delivery issues.
Lack of specific small business participation goals.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $3,576.42 to TERRAVIVE LLC. PLATE,PAPER

Who is the contractor on this award?

The obligated recipient is TERRAVIVE LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $3,576.42.

What is the period of performance?

Start: 2026-04-07. End: 2026-04-22.

What is the typical track record of TerraVive LLC in securing federal contracts, and what is their performance history?

Information regarding TerraVive LLC's specific track record and performance history with federal contracts is not detailed in the provided data. To assess this, one would typically review the Federal Procurement Data System (FPDS) or similar databases for past awards, contract modifications, and any reported performance issues or successes. A contractor's history can indicate their reliability, experience with government regulations, and ability to meet delivery and quality standards. Without this historical data, it's difficult to gauge their established performance level within the federal acquisition landscape.

How does the $3.58 million value for a 15-day contract compare to similar federal procurements for cookware and cutlery?

The value of $3.58 million for a 15-day contract for cookware and cutlery is substantial on a per-day basis, suggesting either a very large quantity of goods or high-value specialized items. When compared to typical federal procurements for standard kitchenware, this award appears to be for a significant, potentially urgent, or large-scale requirement. For instance, smaller, routine replenishments might be in the tens or hundreds of thousands of dollars over longer periods. A 15-day duration is exceptionally short for such a value, implying a rapid deployment or immediate need, possibly for a specific event, disaster relief, or a critical operational gap.

What are the primary risks associated with the 'Fixed Price with Economic Price Adjustment' (FPEPA) contract type in this scenario?

The primary risk with an FPEPA contract is the potential for cost escalation beyond initial estimates due to economic factors like inflation, material cost increases, or labor rate changes. While this clause protects the contractor from unforeseen market volatility, it shifts some of the financial risk to the government. For taxpayers, this means the final cost could be higher than the initially quoted fixed price. The government's ability to manage and mitigate these adjustments through negotiation and monitoring of economic indices is crucial to controlling overall expenditure. The short duration of this contract might limit the magnitude of potential adjustments, but the risk remains.

Given the 'full and open competition' award, what does this imply about the level of competition and its impact on price discovery?

Awarding this contract under 'full and open competition' implies that the General Services Administration (GSA) actively sought bids from all responsible sources, maximizing the potential for a competitive marketplace. This process is designed to encourage multiple vendors to submit proposals, driving down prices through rivalry. A robust competition typically leads to better price discovery, meaning the market-driven price for the goods is more accurately reflected in the awarded contract. While the exact number of bidders isn't specified, the method itself suggests that the government aimed to leverage competition to secure favorable terms and value for the taxpayer.

What are the potential implications of this contract on the small business ecosystem, considering it's not a set-aside?

Since this contract was awarded under full and open competition and not designated as a small business set-aside, its direct impact on the small business ecosystem is limited. Small businesses may not have had a specific opportunity to bid directly on this particular contract unless they were part of a larger joint venture or subcontracting plan. However, if TerraVive LLC, the prime contractor, is a small business itself, or if it plans to subcontract portions of the work to small businesses, then there could be indirect positive impacts. Without explicit subcontracting goals, the primary benefit to small businesses would stem from their general participation in the broader supply chain for such goods.

How does the NAICS code '332215 - Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Precious) Manufacturing' position this contract within the broader industrial landscape?

The NAICS code 332215 places this contract squarely within the metal fabrication and manufacturing industry, specifically focusing on household and professional kitchen implements. This sector is characterized by established manufacturing processes, supply chains for metals (like stainless steel, aluminum), and distribution networks. Federal spending under this code typically supports the operational needs of government facilities, including military dining halls, federal agency cafeterias, and potentially disaster relief efforts requiring basic provisions. The market size for this specific manufacturing sub-sector is significant, with numerous domestic and international players competing. This contract represents a portion of that demand being met through federal procurement.

Industry Classification

NAICS: Manufacturing › Cutlery and Handtool Manufacturing › Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Precious) Manufacturing

Product/Service Code: OFFICE SUPPLIES AND DEVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)

Evaluated Preference: NONE

Contractor Details

Address: 6104 BRADFORD LANDING DR, GLEN ALLEN, VA, 23059

Business Categories: Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $3,576

Exercised Options: $3,576

Current Obligation: $3,576

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSSC25A000M

IDV Type: BPA

Timeline