GSA awards $7.5M contract for absorbent material to WECSYS LLC under full and open competition

Contract Overview

Contract Amount: $7,480 ($7.5K)

Contractor: Wecsys LLC

Awarding Agency: General Services Administration

Start Date: 2026-04-07

End Date: 2026-04-13

Contract Duration: 6 days

Daily Burn Rate: $1.2K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: ABSORBENT MATERIAL,OIL AND WATER

Place of Performance

Location: MINNEAPOLIS, HENNEPIN County, MINNESOTA, 55445

State: Minnesota Government Spending

Plain-Language Summary

General Services Administration obligated $7,479.8 to WECSYS LLC for work described as: ABSORBENT MATERIAL,OIL AND WATER Key points: 1. Contract value of $7.5M for absorbent materials. 2. Awarded to WECSYS LLC. 3. Competition method: Full and Open. 4. Sector: Hardware Manufacturing.

Value Assessment

Rating: fair

The contract value of $7.5M for absorbent material is within a reasonable range for this type of commodity. However, without specific unit details and comparison to similar GSA schedules or other agency procurements, a precise pricing assessment is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a broad solicitation process. This method generally promotes competitive pricing and allows multiple vendors to bid, leading to potentially better price discovery for the government.

Taxpayer Impact: Full and open competition aims to secure the best value for taxpayers by encouraging a wide range of offers and potentially driving down prices through market forces.

Public Impact

Ensures availability of essential absorbent materials for federal agencies. Supports the hardware manufacturing sector. Promotes fair competition among suppliers. Provides materials for environmental and operational needs.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Hardware Manufacturing sector, specifically for absorbent materials. Spending benchmarks in this area can vary widely based on material type, quantity, and specific performance requirements. GSA's role is to facilitate efficient procurement of such common goods.

Small Business Impact

While the contract was awarded under full and open competition, it is not explicitly stated whether small businesses were involved as prime contractors or subcontractors. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The General Services Administration (GSA) oversees this contract through its Federal Acquisition Service. Standard GSA oversight mechanisms are expected to be in place to ensure compliance and accountability.

Related Government Programs

Risk Flags

Tags

hardware-manufacturing, general-services-administration, mn, bpa-call, under-100k

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $7,479.8 to WECSYS LLC. ABSORBENT MATERIAL,OIL AND WATER

Who is the contractor on this award?

The obligated recipient is WECSYS LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $7,479.8.

What is the period of performance?

Start: 2026-04-07. End: 2026-04-13.

What is the estimated per-unit cost of the absorbent material, and how does it compare to market benchmarks?

The provided data does not include specific unit cost information, making a direct per-unit cost comparison impossible. To assess value, one would need to analyze the unit price against similar products on GSA Advantage, other federal contracts, or commercial price lists. The contract's fixed price with economic price adjustment also introduces variability that complicates a static benchmark analysis.

What are the potential risks associated with the 'FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT' contract type?

The primary risk of a fixed-price contract with economic price adjustment (EPA) is potential cost escalation for the government. While EPA clauses are intended to account for legitimate market fluctuations in raw material or labor costs, they can lead to higher-than-anticipated spending if those costs rise significantly. Careful monitoring and justification are required to ensure the EPA is applied appropriately and doesn't unduly inflate the contract's total cost.

How effectively does this BPA call leverage competition to achieve optimal pricing for absorbent materials?

The contract was awarded under 'FULL AND OPEN COMPETITION,' which is a strong indicator of effective competition. This approach allows multiple qualified vendors to submit bids, fostering a competitive environment that typically drives prices down and ensures the government receives fair market value. The specific pricing outcomes would depend on the number and competitiveness of the bids received.

Industry Classification

NAICS: ManufacturingHardware ManufacturingHardware Manufacturing

Product/Service Code: HOUSEHOLD/COMMERC FURNISH/APPLIANCE

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: 8825 XYLON AVE N, BROOKLYN PARK, MN, 55445

Business Categories: Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $7,480

Exercised Options: $7,480

Current Obligation: $7,480

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSWA23A001D

IDV Type: BPA

Timeline

Start Date: 2026-04-07

Current End Date: 2026-04-13

Potential End Date: 2026-04-13 00:00:00

Last Modified: 2026-04-09

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