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General Services Administration Awarded a Contract to MIKE PEDERSEN'S LAKE CHARLES AUTO AUCTION INC for $291,663.77

Signed on

4/9/2024, 12:00 AM

MIKE PEDERSEN'S LAKE CHARLES AUTO AUCTION INC Government Contract #47QMCA24F2JK5

MIKE PEDERSEN'S LAKE CHARLES AUTO AUCTION INC was awarded a contract with the United States Government for $291,663.77. The contract was awarded by the agency office GSA/FAS AUTOMOTIVE CENTER, which is a division with the Federal Acquisition Service within the General Services Administration.

Summary of Award

The recipient of the federal contract is Mike Pedersen's Lake Charles Auto Auction Inc, a small business located in Lake Charles, Louisiana. The contract, funded by the General Services Administration's Federal Acquisition Service for auction sales at R7 Lake Charles, is worth $291,663.77 and involves wholesale trade services. Notable contract details include the use of firm fixed pricing, involvement of a U.S.-owned business, and a multi-year agreement with a start date of May 15, 2024, and an end date of July 21, 2025.

Contract Details

Contract ID47QMCA24F2JK5
Contract TypeC
Total Obligation$291,663.77
Exercised Options$291,663.77
Base Amount + Options$291,663.77
Date Signed2024-04-09
Contract DescriptionAUCTION SALES FOR R7 LAKE CHARLES
Start Date2024-05-15
End Date2025-07-21

Agency Details

Awarding AgencyGeneral Services Administration
Awarding Sub AgencyFederal Acquisition Service
Awarding OfficeGSA/FAS AUTOMOTIVE CENTER
Funding AgencyGeneral Services Administration
Funding Sub AgencyFederal Acquisition Service
Funding OfficeGSA/FAS AUTOMOTIVE CENTER

Recipient Details

RecipientMIKE PEDERSEN'S LAKE CHARLES AUTO AUCTION INC
Recipient Location2435 BROAD ST LAKE CHARLES LOUISIANA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #PA0001 | $-345,982.48July 21, 2025

Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $-345,982.48 to MIKE PEDERSEN'S LAKE CHARLES AUTO AUCTION INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $637,646.25April 9, 2024

Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $637,646.25 to MIKE PEDERSEN'S LAKE CHARLES AUTO AUCTION INC. The payment included a Subsidy Cost of $0.00.