GIGA, INC. Secures $44K Contract for Pneumatic Grinders via Full and Open Competition

Contract Overview

Contract Amount: $44,196 ($44.2K)

Contractor: Giga, Inc.

Awarding Agency: General Services Administration

Start Date: 2026-04-10

End Date: 2026-04-18

Contract Duration: 8 days

Daily Burn Rate: $5.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 22

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Other

Official Description: GRINDER, PNEUMATIC, HORIZONTAL: - SEE ATTACHED DOCUMENT FOR DETAIL.

Place of Performance

Location: MACON, BIBB County, GEORGIA, 31216

State: Georgia Government Spending

Plain-Language Summary

General Services Administration obligated $44,195.7 to GIGA, INC. for work described as: GRINDER, PNEUMATIC, HORIZONTAL: - SEE ATTACHED DOCUMENT FOR DETAIL. Key points: 1. Contract awarded to GIGA, INC. for pneumatic grinders. 2. Procurement utilized full and open competition. 3. Spending is relatively low at $44,195.7. 4. The sector is Industrial Supplies Merchant Wholesalers.

Value Assessment

Rating: fair

The contract value of $44,195.7 for pneumatic grinders appears reasonable given the fixed-price structure with economic price adjustment. Benchmarking against similar industrial supply contracts would provide a clearer picture of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition suggests a robust price discovery process. The award was made via a BPA Call, indicating a pre-established agreement was leveraged.

Taxpayer Impact: The $44,195.7 expenditure represents a modest investment, and the competitive nature of the award aims to ensure taxpayer funds are used efficiently.

Public Impact

Ensures availability of essential industrial equipment for government operations. Supports the industrial supplies merchant wholesale sector. The contract duration is short, suggesting a need for ongoing procurement.

Waste & Efficiency Indicators

Waste Risk Score: 55 / 10

Warning Flags

Lack of detailed product specifications in the provided data.
Potential for price volatility due to economic price adjustment clause.

Positive Signals

Awarded through full and open competition.
Contract value is relatively small, minimizing significant financial risk.

Sector Analysis

The procurement falls within the Industrial Supplies Merchant Wholesalers sector. Spending benchmarks for this category are highly variable depending on the specific types and quantities of supplies procured.

Small Business Impact

The data indicates that small businesses were not explicitly favored or excluded in this procurement, as the award was made under full and open competition. Further analysis would be needed to determine if small businesses participated.

Oversight & Accountability

The General Services Administration (GSA) managed this procurement through its Federal Acquisition Service, utilizing a Blanket Purchase Agreement (BPA) Call. Standard GSA oversight processes should apply.

Related Government Programs

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

Risk Flags

Lack of detailed product specifications.
Economic price adjustment clause introduces cost uncertainty.
Potential for price increases over contract term.
Limited visibility into specific grinder types and quantities.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $44,195.7 to GIGA, INC.. GRINDER, PNEUMATIC, HORIZONTAL: - SEE ATTACHED DOCUMENT FOR DETAIL.

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 $44,195.7.

What is the period of performance?

Start: 2026-04-10. End: 2026-04-18.

What is the specific type and quantity of pneumatic grinders being procured, and how does this align with agency needs?

The provided data lacks specific details on the type and quantity of pneumatic grinders. The 'SEE ATTACHED DOCUMENT FOR DETAIL' note indicates this information is elsewhere. Understanding these specifics is crucial to assess if the procurement adequately meets the agency's operational requirements and if the quantity is justified.

What are the potential risks associated with the 'FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT' contract type for these industrial supplies?

The primary risk with this contract type is potential price escalation due to fluctuations in the market for raw materials or manufacturing costs. While intended to protect contractors from unforeseen economic shifts, it can lead to higher-than-anticipated costs for the government if market prices rise significantly during the contract period.

How effective was the 'FULL AND OPEN COMPETITION' in achieving competitive pricing for these pneumatic grinders?

Full and open competition generally promotes effective price discovery by allowing all qualified sources to bid. Without access to the bids received, it's difficult to definitively assess effectiveness. However, the process itself is designed to yield competitive pricing, and the relatively modest contract value suggests it may have been successful in this instance.

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: $44,196

Exercised Options: $44,196

Current Obligation: $44,196

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QSHA21A0003

IDV Type: BPA

Timeline