USDA OIG Awards $54.8K for Equipment Installation to Signet Technologies, Inc

Contract Overview

Contract Amount: $54,781 ($54.8K)

Contractor: Signet Technologies, Inc.

Awarding Agency: Department of Agriculture

Start Date: 2026-04-03

End Date: 2026-06-30

Contract Duration: 88 days

Daily Burn Rate: $623/day

Competition Type: NOT COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: EQUIPMENT INSTALLATION AT THE OIG RALEIGH LOCATION

Place of Performance

Location: COLUMBIA, HOWARD County, MARYLAND, 21046

State: Maryland Government Spending

Plain-Language Summary

Department of Agriculture obligated $54,780.67 to SIGNET TECHNOLOGIES, INC. for work described as: EQUIPMENT INSTALLATION AT THE OIG RALEIGH LOCATION Key points: 1. The contract is for equipment installation services at the OIG Raleigh location. 2. Signet Technologies, Inc. received the award. 3. The contract was not competed under SAP, raising potential competition concerns. 4. The sector is Other Fabricated Wire Product Manufacturing, with a benchmark of 623.

Value Assessment

Rating: fair

The award amount of $54,780.67 appears reasonable for equipment installation. However, without specific details on the equipment and scope of work, a precise pricing assessment against similar contracts is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not competed under Simplified Acquisition Procedures (SAP). This limited competition approach may have impacted price discovery and potentially led to a higher price than if it had been fully competed.

Taxpayer Impact: The taxpayer impact is likely minimal given the relatively small contract value, but the lack of full competition represents a missed opportunity for potential cost savings.

Public Impact

Ensures operational readiness for the Office of the Inspector General. Supports essential infrastructure at the Raleigh location. Potential for increased costs due to limited competition.

Waste & Efficiency Indicators

Waste Risk Score: 62 / 10

Warning Flags

Positive Signals

Sector Analysis

The 'Other Fabricated Wire Product Manufacturing' sector, while specific, is broad. The benchmark of 623 suggests a moderate level of activity. This contract falls within the manufacturing and installation services category.

Small Business Impact

The data indicates that small business participation was not a factor in this award (ss: false, sb: false). Further analysis would be needed to determine if small businesses were excluded or if the nature of the requirement precluded their involvement.

Oversight & Accountability

The award was made via a BPA Call, suggesting it falls under a pre-existing Blanket Purchase Agreement. Oversight would focus on the terms of the BPA and the justification for using a limited competition call.

Related Government Programs

Risk Flags

Tags

other-fabricated-wire-product-manufactur, department-of-agriculture, md, bpa-call, under-100k

Frequently Asked Questions

What is this federal contract paying for?

Department of Agriculture awarded $54,780.67 to SIGNET TECHNOLOGIES, INC.. EQUIPMENT INSTALLATION AT THE OIG RALEIGH LOCATION

Who is the contractor on this award?

The obligated recipient is SIGNET TECHNOLOGIES, INC..

Which agency awarded this contract?

Awarding agency: Department of Agriculture (Office of the Inspector General).

What is the total obligated amount?

The obligated amount is $54,780.67.

What is the period of performance?

Start: 2026-04-03. End: 2026-06-30.

What was the specific justification for not competing this requirement under SAP?

The justification for not competing under SAP is not provided in the data. Typically, agencies may use limited competition for various reasons, including urgency, unique capabilities of a specific vendor, or if the requirement falls under specific exceptions within acquisition regulations. Further investigation into the BPA call documentation would be necessary to ascertain the precise reason.

What is the risk associated with the limited competition approach for this installation contract?

The primary risk of limited competition is the potential for paying a higher price than would be achieved through a fully competitive process. It also limits the government's ability to leverage a wider range of solutions and potentially discover innovative approaches from a broader vendor pool. This could impact overall value for taxpayer money.

How effective is this contract in ensuring the OIG's operational needs are met?

Assuming Signet Technologies, Inc. successfully completes the installation as per the contract terms, the contract will be effective in meeting the OIG's immediate equipment installation needs at the Raleigh location. The effectiveness is contingent on the quality of the installation and adherence to the schedule, which are standard performance metrics.

Industry Classification

NAICS: ManufacturingSpring and Wire Product ManufacturingOther Fabricated Wire Product Manufacturing

Product/Service Code: ELECTRICAL/ELECTRONIC EQPT COMPNTS

Competition & Pricing

Extent Competed: NOT COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 6650 ELI WHITNEY DR, COLUMBIA, MD, 21046

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $54,781

Exercised Options: $54,781

Current Obligation: $54,781

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 123J1925A0002

IDV Type: BPA

Timeline

Start Date: 2026-04-03

Current End Date: 2026-06-30

Potential End Date: 2026-06-30 00:00:00

Last Modified: 2026-04-02

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