GSA Awards $5.7K for Master Lock Padlocks, Keyed Alike, with 30-Day Delivery

Contract Overview

Contract Amount: $5,670 ($5.7K)

Contractor: Master Lock Company LLC

Awarding Agency: General Services Administration

Start Date: 2026-04-02

End Date: 2026-05-02

Contract Duration: 30 days

Daily Burn Rate: $189/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PADLOCK SET SHAPE, SOLID BODY, CORROSION RESISTANT STEEL OR CARBON STEEL, CASE HARDENED STEEL SHACKLE, LOCKS KEYED ALIKE, 1-KEY PER LOCK, 2-ADDITIONAL KEYS PER SET, 1.170 INCH VERTICAL SHACKLE CLEARANCE, .750 - .779INCH HORIZONTAL SHACKLECLEARANCE,.3

Place of Performance

Location: OAK CREEK, MILWAUKEE County, WISCONSIN, 53154

State: Wisconsin Government Spending

Plain-Language Summary

General Services Administration obligated $5,670.36 to MASTER LOCK COMPANY LLC for work described as: PADLOCK SET SHAPE, SOLID BODY, CORROSION RESISTANT STEEL OR CARBON STEEL, CASE HARDENED STEEL SHACKLE, LOCKS KEYED ALIKE, 1-KEY PER LOCK, 2-ADDITIONAL KEYS PER SET, 1.170 INCH VERTICAL SHACKLE CLEARANCE, .750 - .779INCH HORIZONTAL SHACKLECLEARANCE,.3 Key points: 1. Spending is minimal ($5.7K) for basic hardware. 2. Master Lock is a dominant player in the padlock market. 3. Risk is low due to commodity nature and established vendor. 4. Hardware manufacturing (NAICS 332510) is the relevant sector.

Value Assessment

Rating: good

The price of $5,670.36 for 189 units appears reasonable for keyed-alike padlocks from a known manufacturer like Master Lock. Benchmarking against similar government or commercial purchases would confirm.

Cost Per Unit: $29.99

Competition Analysis

Competition Level: limited

The contract was competed under SAP (Simplified Acquisition Procedures), suggesting limited competition, likely due to the small dollar value and specific product requirements. Price discovery may be less robust than in full-and-open competition.

Taxpayer Impact: The taxpayer impact is minimal given the low total contract value and the essential nature of the items.

Public Impact

Ensures security for federal assets with standardized locking mechanisms. Keyed-alike feature simplifies access for authorized personnel. Supports operational needs across various federal facilities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The hardware manufacturing sector is characterized by established players and commodity products. Spending benchmarks for padlocks vary widely based on features and quantity, but this purchase appears to be within a typical range for basic security hardware.

Small Business Impact

There is no indication that small businesses were involved in this specific purchase, as it was awarded to a large manufacturer, Master Lock Company LLC. Future solicitations could explore opportunities for small business participation.

Oversight & Accountability

The purchase order was issued by the General Services Administration (GSA) Federal Acquisition Service, indicating standard procurement processes were followed. Oversight is likely focused on delivery and product specifications.

Related Government Programs

Risk Flags

Tags

hardware-manufacturing, general-services-administration, wi, purchase-order, under-100k

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $5,670.36 to MASTER LOCK COMPANY LLC. PADLOCK SET SHAPE, SOLID BODY, CORROSION RESISTANT STEEL OR CARBON STEEL, CASE HARDENED STEEL SHACKLE, LOCKS KEYED ALIKE, 1-KEY PER LOCK, 2-ADDITIONAL KEYS PER SET, 1.170 INCH VERTICAL SHACKLE CLEARANCE, .750 - .779INCH HORIZONTAL SHACKLECLEARANCE,.3

Who is the contractor on this award?

The obligated recipient is MASTER LOCK COMPANY LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $5,670.36.

What is the period of performance?

Start: 2026-04-02. End: 2026-05-02.

What is the primary justification for using keyed-alike padlocks instead of individually keyed locks?

The primary justification for using keyed-alike padlocks is operational efficiency and simplified key management. It allows multiple authorized individuals to access secured items or areas with a single key, reducing the number of keys that need to be distributed and managed. This is particularly useful in environments where numerous locks are deployed and access control needs to be streamlined.

What are the potential risks associated with relying on a single manufacturer for essential security hardware like padlocks?

Relying on a single manufacturer can pose risks such as supply chain disruptions, potential price increases due to lack of competition, and limited access to newer technologies or alternative materials. If the manufacturer faces production issues or decides to discontinue a product line, the agency could face significant challenges in sourcing replacements or maintaining security standards.

How does the use of corrosion-resistant steel impact the long-term value and effectiveness of these padlocks?

The use of corrosion-resistant steel significantly enhances the long-term value and effectiveness of the padlocks, especially for outdoor or harsh environment applications. It prevents rust and degradation, ensuring the lock mechanism remains functional and secure over time. This reduces the need for frequent replacements, lowering lifecycle costs and maintaining a consistent level of security.

Industry Classification

NAICS: ManufacturingHardware ManufacturingHardware Manufacturing

Product/Service Code: HARDWARE AND ABRASIVES

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Fortune Brands Home & Security, Inc.

Address: 1 HORIZON WAY BLDG N, DEERFIELD, IL, 60015

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

Financial Breakdown

Contract Ceiling: $5,670

Exercised Options: $5,670

Current Obligation: $5,670

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline

Start Date: 2026-04-02

Current End Date: 2026-05-02

Potential End Date: 2026-05-02 00:00:00

Last Modified: 2026-04-03

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