GSA awards $3,670.72 for Concept2 rowing machine, highlighting fixed-price contract with economic adjustment

Contract Overview

Contract Amount: $3,671 ($3.7K)

Contractor: Concept2, Inc

Awarding Agency: General Services Administration

Start Date: 2026-04-10

End Date: 2026-04-18

Contract Duration: 8 days

Daily Burn Rate: $459/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: ROWING MACHINE EXERCISE MACHINE WITH PIVOTING FOOT PLATES WITH ADJUSTABLE STRAPS, GRAY

Place of Performance

Location: MORRISVILLE, LAMOILLE County, VERMONT, 05661

State: Vermont Government Spending

Plain-Language Summary

General Services Administration obligated $3,670.72 to CONCEPT2, INC for work described as: ROWING MACHINE EXERCISE MACHINE WITH PIVOTING FOOT PLATES WITH ADJUSTABLE STRAPS, GRAY Key points: 1. The contract is for a specific sporting good, a rowing machine. 2. Concept2, Inc. is the sole awardee under this BPA call. 3. The contract type is Fixed Price with Economic Price Adjustment. 4. The award is for a duration of 8 months.

Value Assessment

Rating: fair

The price of $3,670.72 for a single rowing machine appears high compared to typical retail prices for similar high-end fitness equipment. Benchmarking against other government contracts for similar items is needed for a precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded via a BPA call under full and open competition. While the competition method is sound, the specific pricing for this single unit needs further justification to ensure value for money.

Taxpayer Impact: Taxpayer funds are used for this purchase. The economic price adjustment clause warrants monitoring to prevent excessive cost increases.

Public Impact

Procurement of exercise equipment for federal facilities. Supports physical fitness initiatives for government employees. Potential for use across various agencies and locations.

Waste & Efficiency Indicators

Waste Risk Score: 45 / 10

Warning Flags

High per-unit cost for exercise equipment.
Economic price adjustment clause could increase costs.
Lack of detailed justification for the specific price.

Positive Signals

Awarded under full and open competition.
Supports employee wellness programs.

Sector Analysis

This purchase falls under the sporting goods sector. Government spending in this area typically focuses on equipment for recreational facilities, training, and employee wellness programs. Benchmarks vary widely based on equipment type and quantity.

Small Business Impact

The awardee is Concept2, Inc., which is not identified as a small business in the provided data. There is no indication of small business participation in this specific BPA call.

Oversight & Accountability

The General Services Administration (GSA) manages this contract through its Federal Acquisition Service. Oversight should focus on the justification of the unit price and the management of the economic price adjustment.

Related Government Programs

Sporting and Athletic Goods Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

High unit price.
Economic price adjustment.
Lack of detailed cost justification.
No small business participation noted.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $3,670.72 to CONCEPT2, INC. ROWING MACHINE EXERCISE MACHINE WITH PIVOTING FOOT PLATES WITH ADJUSTABLE STRAPS, GRAY

Who is the contractor on this award?

The obligated recipient is CONCEPT2, INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $3,670.72.

What is the period of performance?

Start: 2026-04-10. End: 2026-04-18.

What is the justification for the $3,670.72 per-unit cost for this rowing machine, considering market comparables?

The provided data does not include a specific justification for the unit cost. A thorough review would require comparing this price against similar high-end rowing machines purchased by the government and in the commercial market. Factors like bulk discounts, specific model features, and delivery terms could influence the price, but a detailed breakdown is absent.

What are the potential risks associated with the 'Fixed Price with Economic Price Adjustment' contract type for this rowing machine?

The primary risk is that the cost to the government could increase beyond the initial fixed price due to fluctuations in economic factors, such as inflation or material costs. This could lead to overspending if not carefully monitored and managed, potentially exceeding the value derived from the equipment.

How effectively does this procurement support federal employee wellness and fitness goals given the cost?

While providing quality exercise equipment like a rowing machine can support federal employee wellness, the high unit cost raises questions about the cost-effectiveness. The agency should ensure that this purchase represents the best value and that similar equipment could not be acquired at a lower price point to maximize the reach of wellness programs.

Industry Classification

NAICS: Manufacturing › Other Miscellaneous Manufacturing › Sporting and Athletic Goods Manufacturing

Product/Service Code: RECREATIONAL/ATHLETIC EQPT

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: 105 INDUSTRIAL PARK DR, MORRISVILLE, VT, 05661

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

Financial Breakdown

Contract Ceiling: $3,671

Exercised Options: $3,671

Current Obligation: $3,671

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSSC25A0008

IDV Type: BPA

Timeline