GSA Awards $4.3M for Basic Self-Contained Security Cabinets to Lockmasters Inc
Contract Overview
Contract Amount: $4,284 ($4.3K)
Contractor: Lockmasters Inc
Awarding Agency: General Services Administration
Start Date: 2026-04-09
End Date: 2026-04-24
Contract Duration: 15 days
Daily Burn Rate: $286/day
Competition Type: COMPETED UNDER SAP
Number of Offers Received: 7
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: LOCK, COMBINATION, BASIC SELF-CONTAINED, DESIGNED AND USED FOR SECURITY CABINETS
Place of Performance
Location: NICHOLASVILLE, JESSAMINE County, KENTUCKY, 40356
State: Kentucky Government Spending
Plain-Language Summary
General Services Administration obligated $4,284 to LOCKMASTERS INC for work described as: LOCK, COMBINATION, BASIC SELF-CONTAINED, DESIGNED AND USED FOR SECURITY CABINETS Key points: 1. Contract awarded to Lockmasters Inc. for basic security cabinets. 2. Competition method was 'Competed Under SAP', suggesting a streamlined process. 3. Potential risk related to the limited scope of 'basic' cabinets. 4. Sector is Hardware Manufacturing, with a NAICS code of 332510.
Value Assessment
Rating: fair
The award amount of $4.28M for 7 units over 15 days seems high for basic cabinets. Benchmarking against similar government contracts for security hardware is needed to assess value.
Cost Per Unit: N/A
Competition Analysis
Competition Level: limited
The contract was competed under Simplified Acquisition Procedures (SAP), which typically involves fewer vendors and potentially less aggressive price discovery than full and open competition.
Taxpayer Impact: Taxpayer funds are being used for security cabinets. The efficiency of the procurement process and the final price will determine the overall taxpayer impact.
Public Impact
Ensures security for government assets through specialized cabinets. Supports the Hardware Manufacturing sector and potentially small businesses within it. Provides necessary equipment for federal agencies managed by GSA.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential overpricing for 'basic' cabinets.
- Limited competition may have impacted price.
- Contract duration is short, may not reflect long-term needs.
Positive Signals
- Procurement under SAP can be efficient.
- Clear product description for security cabinets.
Sector Analysis
The Hardware Manufacturing sector (NAICS 332510) includes the production of metal cabinets and related security hardware. Spending benchmarks for this sector vary widely based on product complexity and volume.
Small Business Impact
The data does not indicate if small businesses were involved in this specific contract, either as prime contractors or subcontractors. Further analysis would be needed to determine small business participation.
Oversight & Accountability
The General Services Administration (GSA) is responsible for this contract. Oversight would involve ensuring Lockmasters Inc. meets the contract specifications and delivery timelines.
Related Government Programs
- Hardware Manufacturing
- General Services Administration Contracting
- Federal Acquisition Service Programs
Risk Flags
- Potential for overpricing due to limited competition.
- Definition of 'basic' may not meet all security requirements.
- Lack of detail on specific security features.
- Short contract duration might indicate a need for follow-on contracts.
Tags
hardware-manufacturing, general-services-administration, ky, bpa-call, under-100k
Frequently Asked Questions
What is this federal contract paying for?
General Services Administration awarded $4,284 to LOCKMASTERS INC. LOCK, COMBINATION, BASIC SELF-CONTAINED, DESIGNED AND USED FOR SECURITY CABINETS
Who is the contractor on this award?
The obligated recipient is LOCKMASTERS INC.
Which agency awarded this contract?
Awarding agency: General Services Administration (Federal Acquisition Service).
What is the total obligated amount?
The obligated amount is $4,284.
What is the period of performance?
Start: 2026-04-09. End: 2026-04-24.
What is the typical per-unit cost for basic security cabinets of this type in the federal market?
Determining the typical per-unit cost requires access to historical contract data and market research reports for hardware manufacturing, specifically security cabinets. Without specific dimensions, material, and locking mechanism details, a precise benchmark is difficult. However, basic metal cabinets can range from a few hundred to a couple of thousand dollars depending on features and volume.
What are the risks associated with procuring 'basic' security cabinets under SAP?
Procuring 'basic' cabinets under SAP carries risks of potentially receiving a product that is not robust enough for specific security needs, leading to premature failure or inadequate protection. Furthermore, SAP's streamlined nature might limit the pool of qualified bidders, potentially resulting in higher prices than achievable through broader competition, and less innovation.
How effective is the 'Competed Under SAP' method for ensuring value in hardware manufacturing contracts?
The effectiveness of 'Competed Under SAP' for value in hardware manufacturing depends on the specific market and the agency's execution. For simple, standardized items like basic cabinets, it can be efficient. However, for more complex or specialized hardware, it may not yield the best prices or quality compared to full and open competition, potentially limiting value realization.
Industry Classification
NAICS: Manufacturing › Hardware Manufacturing › Hardware Manufacturing
Product/Service Code: HARDWARE AND ABRASIVES
Competition & Pricing
Extent Competed: COMPETED UNDER SAP
Solicitation Procedures: SIMPLIFIED ACQUISITION
Solicitation ID: 47QSSC25Q2701
Offers Received: 7
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 2101 JOHN C WATTS DR, NICHOLASVILLE, KY, 40356
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $4,284
Exercised Options: $4,284
Current Obligation: $4,284
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Parent Contract
Parent Award PIID: 47QSSC25T000U
IDV Type: BPA
Timeline
Start Date: 2026-04-09
Current End Date: 2026-04-24
Potential End Date: 2026-04-24 00:00:00
Last Modified: 2026-04-10
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