GSA Awards $5,073 for Master Lock Padlocks, Ensuring Keyed-Alike Security for 30 Days

Contract Overview

Contract Amount: $5,073 ($5.1K)

Contractor: Master Lock Company LLC

Awarding Agency: General Services Administration

Start Date: 2026-04-10

End Date: 2026-05-10

Contract Duration: 30 days

Daily Burn Rate: $169/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 $5,073.48 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. The contract focuses on basic security hardware, a common government need. 2. Master Lock is a well-established brand, suggesting a competitive market for padlocks. 3. The primary risk is potential overpricing for a commodity item, though competition may mitigate this. 4. Spending falls within the Hardware Manufacturing sector.

Value Assessment

Rating: fair

The price of $5,073.48 for an unspecified quantity of padlocks appears reasonable for a small, short-term purchase. Benchmarking is difficult without unit quantity, but GSA's involvement suggests some level of price awareness.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was competed under SAP (Simplified Acquisition Procedures), indicating a limited competition approach likely due to the low dollar value. This method may not achieve the lowest possible price compared to full and open competition.

Taxpayer Impact: Taxpayer funds are used for essential security equipment. While the amount is small, efficient procurement practices are always beneficial.

Public Impact

Ensures basic physical security for government assets or facilities. Supports a known manufacturer, potentially impacting small business participation. The 'keyed alike' feature simplifies access management for authorized personnel.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Limited competition due to SAP.
Lack of detailed unit pricing for cost analysis.
Short contract duration may limit long-term strategic sourcing.

Positive Signals

Use of a reputable brand (Master Lock).
Procurement through GSA, a central contracting authority.
Clear specifications for padlock features.

Sector Analysis

This purchase falls under the Hardware Manufacturing sector, specifically related to security devices. Government spending in this area typically involves a wide range of products from basic locks to advanced security systems.

Small Business Impact

The data indicates the awardee is Master Lock Company LLC, a large business. There is no specific indication of small business set-aside or participation in this particular transaction.

Oversight & Accountability

The General Services Administration (GSA) is responsible for this procurement through its Federal Acquisition Service. GSA generally has robust oversight mechanisms for federal contracting.

Related Government Programs

Hardware Manufacturing
General Services Administration Contracting
Federal Acquisition Service Programs

Risk Flags

Potential for overpricing due to limited competition.
Lack of transparency on unit quantity and cost.
Short contract duration.
Award to a large business without clear SMB participation.

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $5,073.48 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 $5,073.48.

What is the period of performance?

Start: 2026-04-10. End: 2026-05-10.

What is the unit cost of the padlocks purchased?

The provided data does not specify the quantity of padlocks purchased, making it impossible to determine the unit cost. The total award is $5,073.48. Without the quantity, a precise per-unit cost benchmark against similar contracts cannot be established, hindering a thorough value assessment.

What is the risk associated with limited competition under SAP for this purchase?

The primary risk of using Simplified Acquisition Procedures (SAP) is potentially higher pricing due to reduced competition. While efficient for smaller purchases, it may not yield the best value compared to full and open competition, especially if the market has multiple competitive suppliers for padlocks.

How effective is this procurement in meeting long-term security needs?

This procurement appears to be an effective short-term solution for immediate security needs, providing specific padlock features for a 30-day period. However, its long-term effectiveness is limited by the short duration and lack of information on strategic sourcing or integration into a broader security plan.

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: $5,073

Exercised Options: $5,073

Current Obligation: $5,073

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline