GSA awards $2,992 for dishwashing compound to Premier & Companies, Inc. under full and open competition

Contract Overview

Contract Amount: $2,992 ($3.0K)

Contractor: Premier & Companies, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-07

End Date: 2026-04-17

Contract Duration: 10 days

Daily Burn Rate: $299/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: DISHWASHING COMPOUND, HAND: MANUAL DETERGENT FOR WASHING POTS AND PANS.THREE (3) EACH, TWO (2)POUND CONTAINERS PER BOX...

Place of Performance

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

State: New York Government Spending

Plain-Language Summary

General Services Administration obligated $2,992.15 to PREMIER & COMPANIES, INC. for work described as: DISHWASHING COMPOUND, HAND: MANUAL DETERGENT FOR WASHING POTS AND PANS.THREE (3) EACH, TWO (2)POUND CONTAINERS PER BOX... Key points: 1. The contract is for manual detergent for pots and pans, indicating a need for basic cleaning supplies. 2. Premier & Companies, Inc. secured the award, suggesting existing supplier relationships or competitive pricing. 3. The fixed-price with economic price adjustment contract type introduces potential cost volatility over its term. 4. The small business status is not indicated, leaving potential for broader supplier engagement.

Value Assessment

Rating: good

The price of $2,992.15 for 6 two-pound containers of dishwashing compound appears reasonable for commercial cleaning supplies. Benchmarking against similar janitorial supply contracts would provide a more precise assessment.

Cost Per Unit: $24.93 per two-pound container

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives fair market value.

Taxpayer Impact: The competitive award process likely resulted in a cost-effective purchase, minimizing taxpayer burden for essential cleaning supplies.

Public Impact

Ensures availability of essential cleaning supplies for government facilities. Supports the operational needs of agencies requiring manual dishwashing capabilities. The contract's duration and renewal options will impact long-term supply chain planning.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Economic price adjustment clause could lead to increased costs.
Lack of small business participation noted.

Positive Signals

Awarded under full and open competition.
Clear product description and quantity specified.

Sector Analysis

This purchase falls under general hardware manufacturing and supply, a common category for government procurement of everyday operational items. Spending in this sector is typically stable, driven by recurring needs for maintenance and supplies.

Small Business Impact

The data indicates that the awardee, Premier & Companies, Inc., is not listed as a small business for this contract. This presents an opportunity to assess if small businesses could have fulfilled this requirement in the future.

Oversight & Accountability

The General Services Administration (GSA) managed this award through its Federal Acquisition Service, utilizing a Blanket Purchase Agreement (BPA) Call. This indicates established procurement channels and oversight for recurring supply needs.

Related Government Programs

Hardware Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Potential for cost increases due to economic price adjustment.
Lack of small business participation.
Limited contract duration (10 days) may require frequent re-procurement.
Dependence on a single supplier for this specific BPA call.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $2,992.15 to PREMIER & COMPANIES, INC.. DISHWASHING COMPOUND, HAND: MANUAL DETERGENT FOR WASHING POTS AND PANS.THREE (3) EACH, TWO (2)POUND CONTAINERS PER BOX...

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 $2,992.15.

What is the period of performance?

Start: 2026-04-07. End: 2026-04-17.

What is the typical market price for similar quantities of commercial-grade dishwashing compound to assess value?

Market research suggests that commercial-grade dishwashing compounds, sold in two-pound containers, typically range from $15 to $30 per container depending on brand, formulation, and bulk purchasing discounts. The benchmark price of $24.93 per container falls within this range, indicating fair market value, assuming comparable quality and supplier service levels.

What are the potential risks associated with the 'fixed price with economic price adjustment' contract type for this dishwashing compound?

The primary risk of an economic price adjustment (EPA) clause is cost escalation. Fluctuations in raw material costs, labor, or transportation could lead to price increases over the contract term, potentially exceeding initial budget projections. While intended to protect the contractor from unforeseen market shifts, it shifts some price risk to the government.

How effectively does the 'full and open competition' method ensure optimal pricing for routine supplies like dishwashing compound?

Full and open competition is generally effective for routine supplies as it maximizes the pool of potential bidders, fostering a competitive environment that drives down prices. However, for very small dollar value items, the administrative cost of a full competition might outweigh the potential savings compared to streamlined procurement methods. In this case, it likely ensured a competitive price.

Industry Classification

NAICS: Manufacturing › Hardware Manufacturing › Hardware Manufacturing

Product/Service Code: CLEANING EQPT AND SUPPLIES

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: 525 WINDSOR DR, SECAUCUS, NJ, 07094

Business Categories: Category Business, Small Business

Financial Breakdown

Contract Ceiling: $2,992

Exercised Options: $2,992

Current Obligation: $2,992

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSWA23A0027

IDV Type: BPA

Timeline