GSA Awards $3,730 for Master Lock Padlocks, Competed Under SAP

Contract Overview

Contract Amount: $3,731 ($3.7K)

Contractor: Master Lock Company LLC

Awarding Agency: General Services Administration

Start Date: 2026-04-06

End Date: 2026-05-06

Contract Duration: 30 days

Daily Burn Rate: $124/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PADLOCK SET SHAPE, SOLID BODY, CORROSION RESISTANT STEEL OR CARBON STEEL, CASE HARDENED STEEL SHACKLE, LOCKS KEYED ALIKE, 1-KEY PER LOCK, 2-ADDITIONAL KEYS PER SET, 1.170 INCH VERTICAL SHACKLE CLEARANCE, .750 - .779INCH HORIZONTAL SHACKLECLEARANCE,.3

Place of Performance

Location: OAK CREEK, MILWAUKEE County, WISCONSIN, 53154

State: Wisconsin Government Spending

Plain-Language Summary

General Services Administration obligated $3,730.5 to MASTER LOCK COMPANY LLC for work described as: PADLOCK SET SHAPE, SOLID BODY, CORROSION RESISTANT STEEL OR CARBON STEEL, CASE HARDENED STEEL SHACKLE, LOCKS KEYED ALIKE, 1-KEY PER LOCK, 2-ADDITIONAL KEYS PER SET, 1.170 INCH VERTICAL SHACKLE CLEARANCE, .750 - .779INCH HORIZONTAL SHACKLECLEARANCE,.3 Key points: 1. Spending is minimal, suggesting a routine procurement. 2. Master Lock is a dominant player in the padlock market. 3. Risk appears low due to the commodity nature of the product. 4. Hardware Manufacturing (NAICS 332510) is the relevant sector.

Value Assessment

Rating: good

The price of $3,730 for an unspecified quantity of padlocks appears reasonable given the commodity nature of the product. Benchmarking against similar GSA Schedule or open market purchases for Master Lock padlocks would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP (Simplified Acquisition Procedures), indicating a limited competition environment, likely for purchases under the simplified acquisition threshold. This method can lead to less aggressive pricing compared to full and open competition.

Taxpayer Impact: The taxpayer impact is minimal due to the low dollar value of this specific award.

Public Impact

Ensures availability of essential security hardware for federal facilities. Supports a well-known manufacturer in the hardware sector. Procurement process is streamlined for efficiency.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition under SAP
Potential for better pricing with broader competition

Positive Signals

Use of established vendor
Clear product specifications
Defined contract period

Sector Analysis

This procurement falls within the Hardware Manufacturing sector, which is characterized by established supply chains and readily available commodity products. Spending benchmarks for similar hardware items are generally stable.

Small Business Impact

The data indicates this contract was not awarded to a small business. Further analysis would be needed to determine if small business set-aside opportunities were considered or available for this requirement.

Oversight & Accountability

Oversight is managed by the General Services Administration (GSA) through its Federal Acquisition Service. The use of SAP suggests a level of delegated authority and streamlined oversight for smaller procurements.

Related Government Programs

Hardware Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Limited competition
Lack of small business participation
No per-unit cost benchmark provided

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $3,730.5 to MASTER LOCK COMPANY LLC. PADLOCK SET SHAPE, SOLID BODY, CORROSION RESISTANT STEEL OR CARBON STEEL, CASE HARDENED STEEL SHACKLE, LOCKS KEYED ALIKE, 1-KEY PER LOCK, 2-ADDITIONAL KEYS PER SET, 1.170 INCH VERTICAL SHACKLE CLEARANCE, .750 - .779INCH HORIZONTAL SHACKLECLEARANCE,.3

Who is the contractor on this award?

The obligated recipient is MASTER LOCK COMPANY LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $3,730.5.

What is the period of performance?

Start: 2026-04-06. End: 2026-05-06.

What is the total quantity of padlocks being purchased, and how does the per-unit cost compare to market rates?

The provided data does not specify the total quantity of padlocks. To assess value, the total award amount of $3,730.50 needs to be divided by the actual number of units procured. A comparison of this calculated per-unit cost against prevailing market prices for Master Lock padlocks of similar specifications would be necessary to determine if the price is competitive.

What are the specific risks associated with procuring padlocks under Simplified Acquisition Procedures (SAP)?

Procuring under SAP, while efficient for smaller purchases, carries a risk of reduced price competition compared to full and open solicitations. This could potentially lead to higher unit costs. Additionally, there's a minor risk of overlooking innovative solutions or alternative suppliers that might emerge in a broader competitive environment.

How effective is this procurement in meeting the government's security hardware needs?

This procurement appears effective in meeting a specific, likely localized, need for security hardware, as evidenced by the award to a known manufacturer like Master Lock. The defined contract period and fixed-price structure ensure predictable costs and delivery for the specified duration, contributing to its effectiveness for the immediate requirement.

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

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Fortune Brands Home & Security, Inc.

Address: 1 HORIZON WAY BLDG N, DEERFIELD, IL, 60015

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $3,731

Exercised Options: $3,731

Current Obligation: $3,731

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline