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
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
- Economic price adjustment clause could lead to cost increases.
- Limited duration of the BPA call may require future competitive actions.
- Lack of specific unit cost data hinders detailed value analysis.
Positive Signals
- Awarded under full and open competition.
- Procurement through GSA's Federal Acquisition Service ensures established processes.
- Clear end date for the contract.
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
- Hardware Manufacturing
- General Services Administration Contracting
- Federal Acquisition Service Programs
Risk Flags
- Economic Price Adjustment (EPA) clause.
- Limited contract duration (BPA Call).
- Lack of detailed unit cost data for analysis.
- Potential for price increases due to EPA.
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: Manufacturing › Hardware Manufacturing › Hardware 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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