GSA Awards $2.2M for Master Lock Padlocks, Ensuring Keyed-Alike Security for Federal Facilities

Contract Overview

Contract Amount: $2,238 ($2.2K)

Contractor: Master Lock Company LLC

Awarding Agency: General Services Administration

Start Date: 2026-04-08

End Date: 2026-05-08

Contract Duration: 30 days

Daily Burn Rate: $75/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 $2,238.3 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. Significant award for standard hardware, Master Lock is a dominant player. 2. Competition was limited to Simplified Acquisition Procedures (SAP), potentially impacting price discovery. 3. Risk is low due to the commodity nature of the product and established vendor. 4. Spending is within the Hardware Manufacturing sector (NAICS 332510).

Value Assessment

Rating: good

Pricing appears reasonable for bulk purchase of keyed-alike padlocks. Benchmarking against similar GSA Schedule or other federal contracts for comparable locks would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP, suggesting a limited competition approach. While efficient for smaller procurements, this method may not always yield the lowest possible price compared to full and open competition.

Taxpayer Impact: Taxpayer funds are used for essential security hardware. The limited competition may result in a slightly higher cost than if broader competition were pursued.

Public Impact

Ensures security for federal buildings and assets nationwide. Standardized hardware simplifies inventory and maintenance for agencies. Supports a well-known domestic manufacturer of security products.

Waste & Efficiency Indicators

Waste Risk Score: 75 / 10

Warning Flags

Limited competition under SAP
Potential for price optimization with broader competition

Positive Signals

Use of a reputable, established vendor
Standardized, essential security product
Clear delivery timeline

Sector Analysis

This procurement falls within the Hardware Manufacturing sector, specifically for locks and security devices. Federal spending in this area is consistent and driven by the need for physical security across government facilities.

Small Business Impact

The awardee is Master Lock Company LLC, a large business. There is no indication in the data that small businesses were involved in this specific procurement as subcontractors or direct awardees.

Oversight & Accountability

The General Services Administration (GSA) through its Federal Acquisition Service is responsible for this procurement. Oversight is likely managed through standard GSA contract management procedures and performance monitoring.

Related Government Programs

Hardware Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Limited competition
Potential for price optimization
Reliance on a single vendor for a commodity

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $2,238.3 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 $2,238.3.

What is the period of performance?

Start: 2026-04-08. End: 2026-05-08.

What is the typical price range for similar keyed-alike padlocks in the commercial market?

The commercial market price for similar keyed-alike padlocks can vary significantly based on brand, material, shackle clearance, and quantity. However, for a solid body, corrosion-resistant steel padlock with a case-hardened steel shackle, prices might range from $10 to $30 per lock in bulk, depending on the specific features and volume discounts negotiated.

Are there any identified risks associated with relying on a single manufacturer for this type of hardware?

While Master Lock is a reputable brand, relying on a single manufacturer for critical hardware can pose risks. These include potential supply chain disruptions, lack of competitive pressure on pricing over time, and limited options if specific product needs evolve. However, for a standardized commodity like padlocks, the risk is generally considered low.

How effective is the current procurement strategy in meeting the government's need for secure and reliable padlocks?

The current strategy appears effective in meeting the immediate need for secure and reliable padlocks, leveraging a known supplier. The fixed-price contract and clear delivery terms provide predictability. However, the effectiveness in achieving optimal value for taxpayer dollars could be enhanced through exploring broader competitive strategies in future procurements.

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: $2,238

Exercised Options: $2,238

Current Obligation: $2,238

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline