GSA Awards $1.79M Contract to ELASTEC INC for Plastics Products Under Full and Open Competition

Contract Overview

Contract Amount: $17,920 ($17.9K)

Contractor: Elastec Inc

Awarding Agency: General Services Administration

Start Date: 2025-12-23

End Date: 2026-09-26

Contract Duration: 277 days

Daily Burn Rate: $65/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: OSRP BPA CALL ORDER 014

Place of Performance

Location: PORT HUENEME CBC BASE, VENTURA County, CALIFORNIA, 93043

State: California Government Spending

Plain-Language Summary

General Services Administration obligated $17,920 to ELASTEC INC for work described as: OSRP BPA CALL ORDER 014 Key points: 1. Contract Value: $1.79 million over 277 days. 2. Competition: Awarded via Full and Open Competition, indicating a competitive bidding process. 3. Risk: Low risk indicated by 'CA' status and firm-fixed-price contract. 4. Sector: Plastics Product Manufacturing (NAICS 326199).

Value Assessment

Rating: good

The contract value of $1.79 million for a 277-day duration appears reasonable for specialized plastics manufacturing. Benchmarking against similar GSA Federal Acquisition Service contracts for plastics products would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under Full and Open Competition, suggesting multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive nature of the award is expected to yield fair pricing, maximizing taxpayer value for the acquired plastics products.

Public Impact

Ensures availability of essential plastics products for federal agencies. Supports manufacturing sector through government procurement. Promotes fair competition among vendors.

Waste & Efficiency Indicators

Waste Risk Score: 65 / 10

Positive Signals

Full and Open Competition
Firm Fixed Price contract type
Reasonable duration for the scope

Sector Analysis

This contract falls within the Plastics Product Manufacturing sector, specifically NAICS 326199. Federal spending in this sector often supports a wide range of agency needs, from office supplies to specialized equipment components.

Small Business Impact

The data indicates that small business participation was not a factor in this specific award (ss: false, sb: false). Further analysis would be needed to understand the overall small business utilization within this contract vehicle or for similar procurements.

Oversight & Accountability

The contract is managed by the General Services Administration (GSA), Federal Acquisition Service, which typically has robust oversight mechanisms. The firm-fixed-price structure also provides cost certainty and accountability.

Related Government Programs

All Other Plastics Product Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Lack of specific product details limits granular analysis.
Small business participation not explicitly detailed.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $17,920 to ELASTEC INC. OSRP BPA CALL ORDER 014

Who is the contractor on this award?

The obligated recipient is ELASTEC INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $17,920.

What is the period of performance?

Start: 2025-12-23. End: 2026-09-26.

What specific types of plastics products are being procured under this BPA Call Order?

The provided data does not specify the exact types of plastics products. The NAICS code 326199, 'All Other Plastics Product Manufacturing,' is broad. Further details would be found in the BPA call order documentation itself, which would outline the specific items, quantities, and technical specifications required by the ordering agency.

How does the awarded price compare to market rates for similar plastics products?

Without specific product details and market research data, a direct price comparison is difficult. However, the 'good' rating for value and the use of 'Full and Open Competition' suggest the price is likely competitive. A detailed cost analysis against industry benchmarks for the specific items would be necessary for a definitive assessment.

What is the potential impact of this contract on the availability of critical plastics products for federal operations?

This contract ensures a supply of specific plastics products for federal agencies through 2026. Its impact on overall availability depends on the criticality and volume of the items procured. If these are standard items, the impact is likely minimal; if they are specialized or long-lead-time items, it could be significant for the ordering agency.

Industry Classification

NAICS: Manufacturing › Plastics Product Manufacturing › All Other Plastics Product Manufacturing

Product/Service Code: FIRE/RESCUE/SAFETY; ENVIRO PROTECT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47QSWC26Q0007

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1309 W MAIN ST, CARMI, IL, 62821

Business Categories: Category Business, Manufacturer of Goods, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $17,920

Exercised Options: $17,920

Current Obligation: $17,920

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSWC24A0011

IDV Type: BPA

Timeline