GSA awards $71,968 for 2-inch white tape, highlighting fixed-price contract with economic adjustments

Contract Overview

Contract Amount: $71,969 ($72.0K)

Contractor: W.W. Grainger, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-08

End Date: 2026-04-15

Contract Duration: 7 days

Daily Burn Rate: $10.3K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: TAPE,2 IN X 60 YD,PK24,6.4MIL,WHITE

Place of Performance

Location: LAKE FOREST, LAKE County, ILLINOIS, 60045

State: Illinois Government Spending

Plain-Language Summary

General Services Administration obligated $71,968.7 to W.W. GRAINGER, INC. for work described as: TAPE,2 IN X 60 YD,PK24,6.4MIL,WHITE Key points: 1. Contract awarded to W.W. Grainger, Inc. for essential office supplies. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract includes economic price adjustment, which can mitigate inflation risks. 4. Spending is categorized under Home Centers (NAICS 444110).

Value Assessment

Rating: fair

The contract value of $71,968 for tape appears reasonable for bulk purchase. However, without specific unit pricing or comparison to similar bulk tape contracts, a precise value assessment is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Full and open competition was employed, indicating multiple vendors had the opportunity to bid. This method generally promotes price discovery and competitive pricing.

Taxpayer Impact: The use of competitive bidding aims to secure favorable pricing for taxpayers on this supply purchase.

Public Impact

Ensures availability of essential office supplies for federal agencies. Supports the operational needs of agencies through readily accessible materials. The contract's fixed-price nature with economic adjustment provides some cost predictability.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for price increases due to economic price adjustment clause.
Limited scope of the contract to a specific type of tape.

Positive Signals

Competitive bidding process likely secured a fair market price.
Contract duration provides stability for supply chain management.

Sector Analysis

Spending in the office supplies sector, including items like tape, is consistent across federal agencies. Benchmarks for such consumables are typically driven by volume and competitive procurement.

Small Business Impact

The data does not indicate if small businesses participated in or benefited from this contract award.

Oversight & Accountability

The General Services Administration (GSA) manages this contract, indicating established oversight for federal procurement. Further review would be needed to assess specific accountability measures.

Related Government Programs

Home Centers
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Economic Price Adjustment clause introduces cost uncertainty.
Lack of detail on small business participation.
Limited scope to a single product type.
Potential for price escalation due to inflation.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $71,968.7 to W.W. GRAINGER, INC.. TAPE,2 IN X 60 YD,PK24,6.4MIL,WHITE

Who is the contractor on this award?

The obligated recipient is W.W. GRAINGER, INC..

Which agency awarded this contract?

Awarding agency: General Services Administration (Federal Acquisition Service).

What is the total obligated amount?

The obligated amount is $71,968.7.

What is the period of performance?

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

What is the per-unit cost of the tape, and how does it compare to market rates for similar bulk purchases?

The provided data does not include the specific quantity of tape rolls within the 24-pack, nor the total yardage per roll. Without this granular detail, calculating a precise per-unit cost is impossible. A comparison to market rates would require knowing the exact specifications and volume purchased.

What is the potential impact of the economic price adjustment on the total contract cost over its duration?

The economic price adjustment (EPA) clause allows for price changes based on specified economic indicators, typically inflation. The actual impact depends on the volatility of these indicators and the specific formula within the contract. If inflation is high, the total cost could significantly exceed the initial fixed price, potentially increasing taxpayer burden.

How effectively does this contract meet the ongoing demand for this specific type of tape across federal agencies?

The contract's effectiveness in meeting demand hinges on the awarded quantity, delivery timelines, and the number of agencies utilizing it. A BPA Call suggests it's a call-off from a larger agreement, implying it's intended to fulfill specific needs. Its success depends on accurate demand forecasting and reliable fulfillment by W.W. Grainger.

Industry Classification

NAICS: Retail Trade › Building Material and Supplies Dealers › Home Centers

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: 100, GRAINGER PARKWAY, LAKE FOREST, IL, 60045

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

Financial Breakdown

Contract Ceiling: $71,969

Exercised Options: $71,969

Current Obligation: $71,969

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSCC21A0001

IDV Type: BPA

Timeline