GSA Awards $9,364 for Extractor Bolt to GIGA, Inc. Under Full and Open Competition

Contract Overview

Contract Amount: $9,364 ($9.4K)

Contractor: Giga, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-01

End Date: 2026-04-09

Contract Duration: 8 days

Daily Burn Rate: $1.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 22

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: EXTRACTOR BOLT, CARTRIDGE: ALFA-LAVAL, INC. PN 8712898-02 (PARTIAL DESCRIPTION)

Place of Performance

Location: MACON, BIBB County, GEORGIA, 31216

State: Georgia Government Spending

Plain-Language Summary

General Services Administration obligated $9,364.24 to GIGA, INC. for work described as: EXTRACTOR BOLT, CARTRIDGE: ALFA-LAVAL, INC. PN 8712898-02 (PARTIAL DESCRIPTION) Key points: 1. Spending is low for this specific part, suggesting a niche requirement or limited scope. 2. Competition was full and open, indicating a healthy market for this industrial supply. 3. Risk appears low due to open competition and a fixed-price contract type. 4. The sector is Industrial Supplies Merchant Wholesalers, a broad category with many suppliers.

Value Assessment

Rating: good

The contract value of $9,364 is modest. Benchmarking per-unit cost is difficult without more detailed specifications, but the competitive award suggests fair pricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, allowing all responsible sources to submit offers. This method generally leads to competitive pricing and best value.

Taxpayer Impact: The relatively small contract value suggests a minimal direct impact on taxpayers, with benefits derived from competitive procurement practices.

Public Impact

Ensures availability of critical industrial components for government operations. Supports a competitive marketplace for industrial supplies. Demonstrates adherence to procurement regulations for fair and open bidding.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of detailed product description limits full understanding of the item's criticality.
Economic price adjustment clause introduces potential for cost increases.

Positive Signals

Awarded under full and open competition.
Modest contract value.

Sector Analysis

The procurement falls under industrial supplies, a diverse sector. Benchmarking spending requires comparison to similar specialized components, which is not readily available for this specific part.

Small Business Impact

The data does not indicate if small businesses participated or benefited from this contract. Further analysis would be needed to assess small business impact.

Oversight & Accountability

The General Services Administration (GSA) managed this procurement through its Federal Acquisition Service, indicating established oversight processes for industrial supply acquisitions.

Related Government Programs

Industrial Supplies Merchant Wholesalers
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Potential for cost escalation due to EPA.
Limited technical detail on the specific part.
No indication of small business participation.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $9,364.24 to GIGA, INC.. EXTRACTOR BOLT, CARTRIDGE: ALFA-LAVAL, INC. PN 8712898-02 (PARTIAL DESCRIPTION)

Who is the contractor on this award?

The obligated recipient is GIGA, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $9,364.24.

What is the period of performance?

Start: 2026-04-01. End: 2026-04-09.

What is the specific function and criticality of this extractor bolt to warrant its procurement?

The provided data lacks specific details on the extractor bolt's function and criticality. Further investigation into the associated federal agency's operations and the part's role in essential equipment maintenance would be necessary to determine its importance and justify the expenditure.

How does the economic price adjustment clause impact the final cost and taxpayer exposure?

The economic price adjustment (EPA) clause allows for adjustments to the contract price based on fluctuations in specified economic factors, such as labor or material costs. While intended to protect contractors from unforeseen market changes, it introduces uncertainty and potential for increased costs for the government, impacting taxpayer exposure.

What is the typical lifespan and replacement frequency for this type of extractor bolt in relevant government equipment?

Information regarding the typical lifespan and replacement frequency of this specific extractor bolt is not provided. Understanding this would help assess the long-term value and necessity of the contract, and whether the current procurement aligns with expected maintenance cycles and equipment usage patterns.

Industry Classification

NAICS: Wholesale Trade › Machinery, Equipment, and Supplies Merchant Wholesalers › Industrial Supplies Merchant Wholesalers

Product/Service Code: HAND TOOLS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 22

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)

Evaluated Preference: NONE

Contractor Details

Address: 2448 INDUSTRIAL PARK DR, MACON, GA, 31216

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

Financial Breakdown

Contract Ceiling: $9,364

Exercised Options: $9,364

Current Obligation: $9,364

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSHA21A0003

IDV Type: BPA

Timeline