GSA awards $13,383 for Mustang MKI Green XLarge, a single-award BPA call with fixed price adjustment

Contract Overview

Contract Amount: $13,384 ($13.4K)

Contractor: LC Industries Inc

Awarding Agency: General Services Administration

Start Date: 2026-04-08

End Date: 2026-04-15

Contract Duration: 7 days

Daily Burn Rate: $1.9K/day

Competition Type: NOT COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: MUSTANG MKI GREEN XLARGE

Place of Performance

Location: DURHAM, DURHAM County, NORTH CAROLINA, 27703

State: North Carolina Government Spending

Plain-Language Summary

General Services Administration obligated $13,383.72 to LC INDUSTRIES INC for work described as: MUSTANG MKI GREEN XLARGE Key points: 1. High unit cost for specialized office supply. 2. Limited competition due to specific product requirement. 3. Potential risk in price escalation with economic adjustment. 4. Office Supplies sector, benchmarked against similar items.

Value Assessment

Rating: fair

The price of $13,383.72 for a single unit appears high for office supplies. Benchmarking against similar specialized equipment or bulk orders of standard office supplies is necessary to determine true value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

This contract was not competed under SAP and was awarded as a BPA call. The limited competition suggests a specific need or existing relationship, potentially impacting price discovery and overall cost-effectiveness.

Taxpayer Impact: Taxpayer funds are used for this purchase. The lack of broad competition and potential for price increases due to economic adjustment warrant scrutiny to ensure responsible spending.

Public Impact

Procurement of specialized office equipment for government use. Potential for price fluctuations impacting budget predictability. Ensuring availability of necessary supplies for federal operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of competition
Economic price adjustment
High unit cost

Positive Signals

Specific product requirement met
Established BPA call mechanism

Sector Analysis

This purchase falls within the Office Supplies and Stationery Stores sector. Benchmarks for similar specialized equipment or bulk office supply contracts are needed for a comprehensive value assessment.

Small Business Impact

The data does not indicate if small businesses were involved in this procurement. Further analysis would be required to determine small business participation.

Oversight & Accountability

The General Services Administration (GSA) awarded this contract through its Federal Acquisition Service. Oversight should focus on the justification for limited competition and the management of the economic price adjustment clause.

Related Government Programs

Office Supplies and Stationery Stores
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Limited competition
Economic price adjustment
High unit cost
Lack of detailed justification for sole source/limited competition

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $13,383.72 to LC INDUSTRIES INC. MUSTANG MKI GREEN XLARGE

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 $13,383.72.

What is the period of performance?

Start: 2026-04-08. End: 2026-04-15.

What is the specific operational need for the 'Mustang MKI Green XLarge' that justifies its specialized nature and limited competition?

The specific operational need for the 'Mustang MKI Green XLarge' is not detailed in the provided data. However, its specialized nature suggests it may be for a particular function or environment where standard office supplies are insufficient. Understanding this need is crucial for justifying the procurement method and cost.

How will the economic price adjustment clause be monitored to mitigate potential cost overruns for taxpayers?

Monitoring the economic price adjustment clause requires clear guidelines and regular review of the index or factors used for adjustment. The contracting officer must actively track market fluctuations and ensure any price increases are justified and align with the contract's terms, preventing undue burden on taxpayers.

What is the expected lifespan and utility of the 'Mustang MKI Green XLarge' to assess its long-term value for money?

The expected lifespan and utility of the 'Mustang MKI Green XLarge' are not provided. Assessing long-term value requires understanding how frequently it will be used, its durability, and its contribution to operational efficiency. Without this, it's difficult to determine if the initial investment represents good value over time.

Industry Classification

NAICS: Retail Trade › Office Supplies, Stationery, and Gift Stores › Office Supplies and Stationery Stores

Product/Service Code: OFFICE SUPPLIES AND DEVICES

Competition & Pricing

Extent Competed: NOT COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 1

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: $13,384

Exercised Options: $13,384

Current Obligation: $13,384

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: GS00F16120

IDV Type: BPA

Timeline