GSA awards $135K for Richmond Airport hangar office furniture, with a 92-day term

Contract Overview

Contract Amount: $135,080 ($135.1K)

Contractor: Teknion LLC

Awarding Agency: General Services Administration

Start Date: 2026-04-30

End Date: 2026-07-31

Contract Duration: 92 days

Daily Burn Rate: $1.5K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: SANDSTON VA RICHMOND AIRPORT HANGAR OPEN PLAN - INITIAL AWARD

Place of Performance

Location: SANDSTON, HENRICO County, VIRGINIA, 23150

State: Virginia Government Spending

Plain-Language Summary

General Services Administration obligated $135,080.49 to TEKNION LLC for work described as: SANDSTON VA RICHMOND AIRPORT HANGAR OPEN PLAN - INITIAL AWARD Key points: 1. Value for money appears reasonable given the short-term need for specialized office furniture. 2. The contract was awarded through full and open competition, suggesting a competitive pricing environment. 3. Risk indicators are low due to the fixed-price nature and short duration of the contract. 4. Performance context is specific to outfitting a hangar at Richmond Airport. 5. Sector positioning is within the office furniture manufacturing and supply chain.

Value Assessment

Rating: good

The contract value of $135,080.49 for office furniture is modest. Benchmarking against similar federal contracts for office furniture, this price point seems within a reasonable range, especially considering the specialized nature of outfitting a hangar space. The firm-fixed-price structure helps control costs. Without specific details on the furniture items, a precise per-unit cost comparison is difficult, but the overall award appears to represent fair market value for the specified duration.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. The specific number of bidders is not provided, but this procurement method generally fosters price discovery and encourages competitive pricing. The use of a BPA Call suggests it was sourced from an existing Blanket Purchase Agreement, which itself was likely competed.

Taxpayer Impact: Taxpayers benefit from a competitive process that aims to secure the best possible price for the required goods and services.

Public Impact

The primary beneficiaries are likely the personnel operating out of the Richmond Airport hangar. The services delivered include the provision of office furniture tailored for a hangar environment. The geographic impact is localized to Richmond, Virginia. Workforce implications are minimal, primarily related to the installation and delivery of furniture.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Awarded via full and open competition.
Firm-fixed-price contract type limits cost overrun risk.
Short contract duration minimizes long-term financial commitment.
Specific need for specialized hangar outfitting.

Sector Analysis

The office furniture sector is a mature market with numerous manufacturers and suppliers. Federal spending in this area typically involves equipping government offices, facilities, and operational spaces. This contract, while specific to a hangar, falls within the broader category of facility outfitting. Comparable spending benchmarks would depend on the scale and type of furniture required, but the $135K award for a short-term need is not exceptionally large within the federal procurement landscape.

Small Business Impact

The data indicates this contract was not specifically set aside for small businesses (ss: false, sb: false). Therefore, the primary contractor, TEKNION LLC, is likely a larger entity. There is no explicit information on subcontracting requirements, but for a contract of this size and duration, significant subcontracting to small businesses is not guaranteed. The impact on the small business ecosystem would be minimal unless TEKNION LLC voluntarily engages small business subcontractors.

Oversight & Accountability

Oversight for this contract would fall under the General Services Administration (GSA), specifically the Federal Acquisition Service. As a BPA Call, it leverages existing GSA oversight mechanisms. Accountability is ensured through the firm-fixed-price contract type, requiring delivery of specified goods. Transparency is generally maintained through federal procurement databases where contract awards are published.

Related Government Programs

General Services Administration Federal Acquisition Service
BPA Call Procurements
Office Furniture Federal Supply Schedule

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $135,080.49 to TEKNION LLC. SANDSTON VA RICHMOND AIRPORT HANGAR OPEN PLAN - INITIAL AWARD

Who is the contractor on this award?

The obligated recipient is TEKNION LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $135,080.49.

What is the period of performance?

Start: 2026-04-30. End: 2026-07-31.

What is the track record of TEKNION LLC with federal contracts?

TEKNION LLC has a history of federal contract awards, primarily within the office furniture and related supplies categories. Analyzing their past performance would involve reviewing award data for similar items, contract values, and any reported performance issues or successes. Federal procurement databases often contain information on a contractor's award history, including agencies served, contract types, and dollar values. A deeper dive would assess if they have consistently met delivery schedules and quality standards on previous government engagements. For this specific contract, the short duration and fixed price suggest a lower risk profile, but understanding their broader federal footprint provides context.

How does the value of this contract compare to similar federal office furniture awards?

The $135,080.49 award for office furniture at the Richmond Airport hangar is a relatively modest sum in the context of federal spending. Federal contracts for office furniture can range from tens of thousands to millions of dollars, depending on the scope, quantity, and duration. Awards for outfitting entire office buildings or large facilities would naturally be significantly higher. This contract's value is more aligned with equipping a specific, contained space like a hangar, especially given its short 92-day term. Benchmarking against similar 'BPA Call' awards for furniture to specific operational sites would provide a more precise comparison, but the current value appears reasonable for its intended purpose and timeframe.

What are the primary risks associated with this contract?

The primary risks associated with this contract are relatively low due to its nature. The firm-fixed-price (FFP) contract type shifts most of the financial risk to the contractor, TEKNION LLC, ensuring the government pays a set amount. The short duration of 92 days minimizes the risk of long-term performance issues or market fluctuations impacting the price. Potential risks could include delivery delays, furniture not meeting specifications, or minor installation issues. However, the GSA's oversight and the competitive award process are designed to mitigate these risks. The specialized nature of outfitting a hangar might introduce minor risks if standard office furniture is not suitable, but this is addressed by the specific requirements of the contract.

How effective is the 'full and open competition' approach for this type of procurement?

The 'full and open competition' approach is generally considered highly effective for procuring standard goods like office furniture, as it maximizes the pool of potential bidders and encourages competitive pricing. For this specific contract, it suggests that multiple vendors were able to bid on providing office furniture for the Richmond Airport hangar. This process helps ensure that the government receives a fair market price and that taxpayer dollars are used efficiently. While the exact number of bidders isn't specified, the method itself is a strong indicator of a competitive environment. The effectiveness is further supported by the use of a BPA Call, which likely originated from a previously competed contract vehicle.

What are the historical spending patterns for office furniture by the General Services Administration?

The General Services Administration (GSA) is a major procurer of office furniture for federal agencies, often utilizing Federal Supply Schedules (FSS) and Blanket Purchase Agreements (BPAs) to streamline purchasing. Historical spending patterns show significant annual outlays for furniture, reflecting the continuous need to equip and refresh workspaces across the government. GSA's spending is typically distributed across various manufacturers and suppliers, with a focus on value, durability, and compliance with federal standards. Awards like this one, made via BPA Calls, represent a portion of GSA's overall furniture procurement strategy, often used for specific, smaller-scale needs or task orders against larger agreements. Analyzing GSA's broader furniture spending reveals a consistent demand and a commitment to competitive sourcing.

Industry Classification

NAICS: Manufacturing › Office Furniture (including Fixtures) Manufacturing › Office Furniture (except Wood) Manufacturing

Product/Service Code: FURNITURE

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 47QSMA26Q0020

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 350 FELLOWSHIP RD, MOUNT LAUREL, NJ, 08054

Business Categories: Category Business, Foreign-Owned and U.S.-Incorporated Business, Limited Liability Corporation, Manufacturer of Goods, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $135,080

Exercised Options: $135,080

Current Obligation: $135,080

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSMA22A0005

IDV Type: BPA

Timeline