GSA Awards $7,461 for Master Lock Padlocks, Competed Under SAP

Contract Overview

Contract Amount: $7,461 ($7.5K)

Contractor: Master Lock Company LLC

Awarding Agency: General Services Administration

Start Date: 2026-04-07

End Date: 2026-05-07

Contract Duration: 30 days

Daily Burn Rate: $249/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 $7,461 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. The contract is for a specific type of padlock with corrosion-resistant steel and a case-hardened shackle. 2. Competition was conducted under Simplified Acquisition Procedures (SAP), suggesting a focus on smaller value procurements. 3. The award is a Purchase Order with a Firm Fixed Price, indicating clear cost expectations. 4. The vendor, Master Lock Company LLC, is a known manufacturer in the hardware sector.

Value Assessment

Rating: good

The price of $7,461 for 1 unit (likely a set or bulk order) appears reasonable given the specifications for corrosion resistance and keyed-alike functionality. Benchmarking against similar government contracts for padlocks would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP, which typically involves simplified procedures and may limit the number of potential bidders compared to full and open competition. This method can expedite procurement but might not always yield the lowest possible price.

Taxpayer Impact: The total award amount is relatively small, suggesting a minimal direct taxpayer impact. The use of SAP indicates an effort to streamline acquisition for lower-value items.

Public Impact

Ensures availability of essential security equipment for federal facilities. Supports a well-established hardware manufacturer. Procurement process aims for efficiency for lower-value items.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition under SAP
No explicit small business set-aside

Positive Signals

Firm Fixed Price contract
Known manufacturer
Corrosion-resistant materials specified

Sector Analysis

The Hardware Manufacturing sector (NAICS 332510) encompasses the production of various hardware items. This contract falls within the typical range for procuring security hardware for government use, with prices influenced by material costs and manufacturing complexity.

Small Business Impact

The data indicates this was not set aside for small businesses (sb: false). While the vendor is not specified as a small business, the SAP process might have involved smaller vendors. Further analysis would be needed to confirm small business participation.

Oversight & Accountability

The General Services Administration (GSA) through its Federal Acquisition Service (FAS) is responsible for this procurement. GSA's role ensures standardized and efficient acquisition of common goods and services for the federal government.

Related Government Programs

Hardware Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Limited competition
No small business set-aside
Potential for better pricing with broader competition
Lack of quantity data for per-unit analysis

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $7,461 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 $7,461.

What is the period of performance?

Start: 2026-04-07. End: 2026-05-07.

What is the per-unit cost of the padlocks, and how does it compare to market rates for similar security-grade padlocks?

The provided data does not specify the quantity of padlocks purchased, making a per-unit cost calculation impossible. To assess value, the quantity is crucial. Once known, this figure should be compared against commercial price lists and government contracts for similar Master Lock models to determine if the $7,461 award represents a fair and reasonable price.

What are the specific risks associated with using Simplified Acquisition Procedures (SAP) for this type of hardware procurement?

Using SAP can increase the risk of not achieving the best possible price due to potentially limited competition compared to full and open solicitations. There's also a risk of less rigorous vetting of vendors or products if procedures are overly streamlined. However, for lower-value items like this, SAP often balances efficiency with acceptable risk.

How effective is the current procurement strategy in ensuring the long-term availability and quality of essential security hardware like padlocks?

The current strategy, utilizing a firm fixed-price contract with a known manufacturer under SAP, appears effective for immediate needs and predictable costs. However, long-term effectiveness could be enhanced by exploring multi-year agreements or broader market research to ensure sustained availability and competitive pricing against evolving market conditions and potential supply chain disruptions.

Industry Classification

NAICS: Manufacturing › Hardware Manufacturing › Hardware 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: $7,461

Exercised Options: $7,461

Current Obligation: $7,461

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline