GSA Awards $20,036 for SMK Link Smart Card Readers to LC Industries Inc, Ending April 2026
Contract Overview
Contract Amount: $20,036 ($20.0K)
Contractor: LC Industries Inc
Awarding Agency: General Services Administration
Start Date: 2026-04-02
End Date: 2026-04-09
Contract Duration: 7 days
Daily Burn Rate: $2.9K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT
Sector: Other
Official Description: SMK LINK SMART CARD READER
Place of Performance
Location: DURHAM, DURHAM County, NORTH CAROLINA, 27703
Plain-Language Summary
General Services Administration obligated $20,035.9 to LC INDUSTRIES INC for work described as: SMK LINK SMART CARD READER Key points: 1. Spending on smart card readers is modest at $20,036. 2. LC Industries Inc. is the sole awardee. 3. The contract carries a fixed price with economic price adjustment. 4. The sector is Office Supplies (except Paper) Manufacturing.
Value Assessment
Rating: fair
The award amount of $20,036 for a 7-day duration is relatively small. Benchmarking against similar contracts for smart card readers is difficult without more detailed specifications and volume data.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded via BPA Call under full and open competition. This method suggests that multiple vendors could have competed, but only LC Industries Inc. was selected for this specific call.
Taxpayer Impact: The direct taxpayer impact is minimal due to the small contract value. However, the efficiency of the procurement process and the final price achieved are key to maximizing value.
Public Impact
Ensures availability of essential technology for government operations. Supports a specific manufacturer in the office supplies sector. Potential for price fluctuations due to economic price adjustment clause.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Economic price adjustment may lead to cost overruns.
- Limited duration of the contract raises questions about long-term needs.
- Lack of detailed performance metrics makes assessing effectiveness challenging.
Positive Signals
- Procured through a competitive process.
- Awarded to a known entity (LC Industries Inc.).
Sector Analysis
The procurement falls under the Office Supplies (except Paper) Manufacturing sector, NAICS 339940. Spending in this sector can vary widely depending on the specific products and agency needs. This particular award is a small component within the broader federal spending landscape.
Small Business Impact
While the award was made under full and open competition, there is no specific indication that small businesses were involved in this particular BPA Call. Further analysis would be needed to determine if small businesses had an opportunity to participate or subcontract.
Oversight & Accountability
The General Services Administration (GSA) manages this contract through its Federal Acquisition Service. Oversight would involve monitoring contract performance, adherence to terms, and managing the economic price adjustment.
Related Government Programs
- Office Supplies (except Paper) Manufacturing
- General Services Administration Contracting
- Federal Acquisition Service Programs
Risk Flags
- Economic Price Adjustment (EPA) clause
- Short contract duration (7 days)
- Single awardee for BPA Call
- Lack of detailed performance metrics
Tags
office-supplies-except-paper-manufacturi, general-services-administration, nc, bpa-call, under-100k
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $20,035.9 to LC INDUSTRIES INC. SMK LINK SMART CARD READER
Who is the contractor on this award?
The obligated recipient is LC INDUSTRIES INC.
Which agency awarded this contract?
Awarding agency: General Services Administration (Federal Acquisition Service).
What is the total obligated amount?
The obligated amount is $20,035.9.
What is the period of performance?
Start: 2026-04-02. End: 2026-04-09.
What is the expected usage and necessity of these specific smart card readers to justify the contract?
The necessity of these specific smart card readers is likely tied to secure access control or data authentication requirements within the General Services Administration. Without further details on the intended application, it's difficult to ascertain the precise justification. However, such readers are crucial for implementing multi-factor authentication and ensuring data integrity in various government systems.
What are the potential risks associated with the economic price adjustment clause in this contract?
The primary risk of the economic price adjustment (EPA) clause is potential cost escalation beyond initial projections. If market prices for raw materials or labor increase significantly, the final cost to the government could exceed the initially anticipated fixed price. This necessitates careful monitoring of market trends and contract performance to mitigate unforeseen expenses.
How effectively does this contract meet the government's need for smart card readers, considering the short duration and single awardee?
The effectiveness of this contract in meeting the government's need is limited by its short 7-day duration and the single awardee. While it fulfills an immediate requirement, it doesn't necessarily indicate a long-term solution or the best possible value. The limited timeframe might suggest an urgent, short-term need or a pilot program, rather than a comprehensive strategy for smart card reader acquisition.
Industry Classification
NAICS: Manufacturing › Other Miscellaneous Manufacturing › Office Supplies (except Paper) Manufacturing
Product/Service Code: HAND TOOLS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)
Evaluated Preference: NONE
Contractor Details
Address: 4500 EMPEROR BLVD, DURHAM, NC, 27703
Business Categories: AbilityOne Program Participant, Category Business, Corporate Entity Tax Exempt, Manufacturer of Goods, Nonprofit Organization, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $20,036
Exercised Options: $20,036
Current Obligation: $20,036
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Parent Contract
Parent Award PIID: 47QSCC21A0005
IDV Type: BPA
Timeline
Start Date: 2026-04-02
Current End Date: 2026-04-09
Potential End Date: 2026-04-09 00:00:00
Last Modified: 2026-04-03
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