USDA awards $133,927 for canned corn to Lakeside Foods Inc. under full and open competition
Contract Overview
Contract Amount: $133,927 ($133.9K)
Contractor: Lakeside Foods Inc
Awarding Agency: Department of Agriculture
Start Date: 2026-04-08
End Date: 2026-07-15
Contract Duration: 98 days
Daily Burn Rate: $1.4K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 13
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: COMMODITIES FOR USG FOOD DONATIONS: 2000011256/4400002443/4100033963/CORN WHOLE KERNEL(LIQ) CAN-6/10
Place of Performance
Location: OWATONNA, STEELE County, MINNESOTA, 55060
Plain-Language Summary
Department of Agriculture obligated $133,927.2 to LAKESIDE FOODS INC for work described as: COMMODITIES FOR USG FOOD DONATIONS: 2000011256/4400002443/4100033963/CORN WHOLE KERNEL(LIQ) CAN-6/10 Key points: 1. Contract awarded for canned corn to Lakeside Foods Inc. 2. Full and open competition was utilized. 3. The contract is a delivery order with a firm fixed price. 4. The contract duration is 98 days.
Value Assessment
Rating: fair
The awarded amount of $133,927 for canned corn appears to be a reasonable estimate for the quantity and duration. However, without specific unit pricing or comparison to similar bulk commodity purchases, a precise valuation is difficult.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, suggesting a competitive bidding process. This method is generally effective in achieving fair market prices, though the specific price discovery mechanism for this commodity is not detailed.
Taxpayer Impact: Taxpayer funds are used for food donations, a program with social benefits. The competitive award process aims to ensure efficient use of these funds.
Public Impact
Ensures availability of food commodities for federal donation programs. Supports agricultural producers and food manufacturers. Contributes to food security initiatives.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Lack of detailed unit cost breakdown.
- Limited duration may impact long-term supply chain planning.
- Geographic concentration in Minnesota.
Positive Signals
- Utilizes full and open competition.
- Firm fixed price contract provides cost certainty.
- Supports federal food donation programs.
Sector Analysis
This contract falls under the food manufacturing and distribution sector. Spending benchmarks for similar commodity procurements can vary significantly based on market fluctuations and specific product requirements.
Small Business Impact
The data does not indicate if small businesses were involved in this specific award or if they are part of the supply chain for Lakeside Foods Inc.
Oversight & Accountability
The contract is managed by the Department of Agriculture's Agricultural Marketing Service. Standard oversight procedures for delivery orders and firm fixed price contracts would apply.
Related Government Programs
- Fruit and Vegetable Canning
- Department of Agriculture Contracting
- Agricultural Marketing Service Programs
Risk Flags
- Limited contract duration.
- Lack of detailed unit cost data.
- Potential for price volatility in commodity markets.
- Geographic concentration of awardee.
Tags
fruit-and-vegetable-canning, department-of-agriculture, mn, delivery-order, 100k-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Agriculture awarded $133,927.2 to LAKESIDE FOODS INC. COMMODITIES FOR USG FOOD DONATIONS: 2000011256/4400002443/4100033963/CORN WHOLE KERNEL(LIQ) CAN-6/10
Who is the contractor on this award?
The obligated recipient is LAKESIDE FOODS INC.
Which agency awarded this contract?
Awarding agency: Department of Agriculture (Agricultural Marketing Service).
What is the total obligated amount?
The obligated amount is $133,927.2.
What is the period of performance?
Start: 2026-04-08. End: 2026-07-15.
What is the per-unit cost of the canned corn, and how does it compare to market benchmarks?
The provided data does not include a per-unit cost breakdown for the canned corn. To assess value, this information would be needed to compare against industry standards and historical pricing for similar government food donation procurements. Without it, the overall value proposition remains partially obscured.
What are the potential risks associated with a short contract duration of 98 days for food commodities?
A short duration like 98 days for food commodities could pose risks such as potential supply chain disruptions if demand exceeds the contracted amount or if the supplier faces unforeseen production issues. It might also limit the ability to secure more favorable pricing through longer-term commitments, potentially impacting cost-effectiveness for future needs.
How effectively does the firm fixed price contract ensure value for taxpayer money in fluctuating commodity markets?
A firm fixed price contract provides cost certainty for the government, protecting against price increases. However, in a volatile commodity market, if prices were to decrease significantly after the contract is set, the government might overpay. Conversely, if prices rise sharply, the government benefits from the locked-in rate.
Industry Classification
NAICS: Manufacturing › Fruit and Vegetable Preserving and Specialty Food Manufacturing › Fruit and Vegetable Canning
Product/Service Code: SUBSISTENCE
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 123J1425B0350
Offers Received: 13
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Lakeside Foods, Inc.
Address: 2400 S 44TH ST, MANITOWOC, WI, 54220
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $133,927
Exercised Options: $133,927
Current Obligation: $133,927
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 123J1425D0053
IDV Type: IDC
Timeline
Start Date: 2026-04-08
Current End Date: 2026-07-15
Potential End Date: 2026-07-15 00:00:00
Last Modified: 2026-04-08
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