GSA awards $12,905 for MUSTANG MKI GREEN MEDIUM office supplies, a 7-day contract with LC Industries Inc

Contract Overview

Contract Amount: $12,906 ($12.9K)

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: $1.8K/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 MEDIUM

Place of Performance

Location: DURHAM, DURHAM County, NORTH CAROLINA, 27703

State: North Carolina Government Spending

Plain-Language Summary

General Services Administration obligated $12,905.73 to LC INDUSTRIES INC for work described as: MUSTANG MKI GREEN MEDIUM Key points: 1. The contract is for office supplies, a common government procurement category. 2. LC Industries Inc. is the sole provider for this specific item. 3. The short duration (7 days) suggests an urgent or limited need. 4. The fixed-price with economic price adjustment (EPA) contract type carries some inflation risk.

Value Assessment

Rating: fair

The price of $12,905.73 for a 7-day supply of a specific item like 'MUSTANG MKI GREEN MEDIUM' is difficult to benchmark without more detail on the item's specifications and quantity. The fixed-price with EPA adds a layer of uncertainty to the final cost.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was 'NOT COMPETED UNDER SAP' and awarded as a BPA Call, indicating it was likely a pre-negotiated agreement or a limited source situation. This limits price discovery and competitive pressure.

Taxpayer Impact: Taxpayer funds are used for this purchase. The lack of full competition may result in a higher price than if multiple vendors were solicited.

Public Impact

Government agencies rely on a steady supply of office essentials to function. The procurement process aims to balance cost-effectiveness with timely delivery of goods. Transparency in government spending allows the public to understand how tax dollars are allocated. Specific item names like 'MUSTANG MKI GREEN MEDIUM' highlight the granular nature of government purchases.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This purchase falls under the Office Supplies and Stationery Stores sector (NAICS 453210). Government spending in this area is substantial, covering a wide range of everyday operational needs for federal agencies. Benchmarks are typically based on volume and item type.

Small Business Impact

The data indicates this contract was not competed under SAP and awarded as a BPA Call to LC Industries Inc. There is no explicit information provided regarding small business participation or subcontracting opportunities for this specific award.

Oversight & Accountability

The General Services Administration (GSA) manages a vast array of government contracts. Oversight typically involves ensuring compliance with acquisition regulations, fair pricing, and timely delivery. The BPA Call mechanism suggests an existing framework for oversight.

Related Government Programs

Risk Flags

Tags

office-supplies-and-stationery-stores, general-services-administration, nc, bpa-call, under-100k

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $12,905.73 to LC INDUSTRIES INC. MUSTANG MKI GREEN MEDIUM

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 $12,905.73.

What is the period of performance?

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

What is the specific quantity and detailed specifications of the 'MUSTANG MKI GREEN MEDIUM' to accurately assess value?

Without precise details on the quantity and exact specifications of the 'MUSTANG MKI GREEN MEDIUM', it is challenging to perform a robust value assessment. The price of $12,905.73 is a total contract value for a short period, and understanding the unit cost and expected usage is crucial for determining if it represents a fair market price compared to similar items.

What are the risks associated with the 'Fixed Price with Economic Price Adjustment' clause in this contract?

The primary risk with a Fixed Price with Economic Price Adjustment (EPA) contract is that the final cost can increase due to fluctuations in the market. While it aims to protect the contractor from unforeseen cost increases, it exposes the government to potential cost overruns if inflation or material costs rise significantly during the contract period.

How effective is the BPA Call mechanism in ensuring competitive pricing for office supplies?

The effectiveness of the BPA Call mechanism in ensuring competitive pricing can vary. While BPAs can streamline procurement for recurring needs, if not managed with regular competitive calls or if the underlying BPA itself was not competitively awarded, it may limit price discovery. For specific, non-standard items, it might be a necessary approach, but for common supplies, it could be less cost-effective than open competition.

Industry Classification

NAICS: Retail TradeOffice Supplies, Stationery, and Gift StoresOffice 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: $12,906

Exercised Options: $12,906

Current Obligation: $12,906

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: GS00F16120

IDV Type: BPA

Timeline

Start Date: 2026-04-08

Current End Date: 2026-04-15

Potential End Date: 2026-04-15 00:00:00

Last Modified: 2026-04-09

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