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General Services Administration Awarded a Contract to THOMPSON & PHIPPS INC for $500,000.00
Signed on
3/12/2024, 12:00 AM
THOMPSON & PHIPPS INC Government Contract #47QSMS24D004D
THOMPSON & PHIPPS INC was awarded a contract with the United States Government for $500,000.00. The contract was awarded by the agency office GSA/FAS/GSS/QSCA, MULTIPLE AWARD SCHEDULE CONTRACTING DIVISION, which is a division with the Federal Acquisition Service within the General Services Administration.
Summary of Award
The awarded contract, identified by the unique ID "47QSMS24D004D," is a Federal Supply Schedule (FSS) contract between the U.S. federal government and Thompson & Phipps Inc., a company specializing in power-driven hand tools manufacturing. The contract is administered by the General Services Administration (GSA), specifically through its Federal Acquisition Service (FAS), known for providing comprehensive products and services to support the federal government's needs.
Thompson & Phipps Inc., located in Anaheim, California, is the recipient of this contract. The company is registered under the North American Industry Classification System (NAICS) code 333991, which pertains to power-driven hand tool manufacturing. This focus on manufacturing indicates the company's expertise in producing various hand tools, particularly edged, nonpowered ones, for diverse applications.
The recipient falls into several business categories, including being a self-certified small disadvantaged business and a U.S.-owned corporate entity that is not tax-exempt. These classifications highlight the company’s role as a small business and its potential advantages and incentives in federal contracting.
The contract has a financial limit of ensuring that all base and optional extensions can collectively reach up to $500,000. Despite this allocation, as of the most recent data update on March 12, 2024, no financial obligations or outlays have been reported, indicating that spending or budget utilization has not yet commenced under this contract.
The period of performance for this FSS contract commenced on March 12, 2024, with an expected end date of March 11, 2029. The issuance of such a multi-year contract suggests the government’s long-term planning in securing essential tools over an extended time, reflecting budgetary foresight and stability needs. The contract remains open for additional options or orders until this period concludes.
According to the details provided, while the total subaward count and amount remain at zero, the contract's structure supports multiple awards, highlighting its flexibility and foresight to accommodate various allocations if future subcontracts arise or additional funding disbursements occur. Each subsequent transaction or modification within the contract follows this guiding principle.
The solicitation procedure followed a "Negotiated Proposal/Quote" method, with full and open competition ensuing. Notably, 999 offers were received during the competitive phase, indicating significant interest among bidders—this robust participation underscores the market's competitive nature concerning FSS contracts for hand tools.
Despite being fully competed and open, no set-aside was used, indicating broader inclusion criteria and allowing participation across different firm sizes without particular preferences for small businesses or disadvantaged business provisions under federal rules.
The contract pricing mechanism is listed as fixed price with economic price adjustments. Such an arrangement typically balances pricing stability with adaptability to economic changes, benefiting both the government and Thompson & Phipps Inc. by controlling costs while remaining responsive to market dynamics.
Among the nine specific transactions related to this award, each bears a unique modification code—for instance, "PSA893" marked on April 10, 2025. However, each maintains a transactional value of $0 at present, revealing that funding executions or disbursements under these modifications have yet to commence. These repeated entries might point towards logistical updates or standard administrative activity in managing the contract through its initial phases.
All actions across these transactions from the outset on March 12, 2024, till early 2025 align with establishing the award's groundwork rather than financial transactions. The lack of subsidy cost, def_code allocations, or recorded loan values further validates that fiscal activities have remained dormant, pending possible future actions based on agency needs or performance developments.
Thompson & Phipps Inc.'s executive details, including officer names and remuneration, are currently undisclosed, highlighting potential privacy measures or forthcoming updates as part of standard reporting compliance under federal contracts.
In summary, the contract awarded to Thompson & Phipps Inc. under the FSS designation, managed by GSA/FAS, represents a strategic allocation to fulfill federal supply needs for hand tools over a five-year trajectory. Despite an inactive spending phase thus far, it is poised to adapt to future developments guided by economic adjustments. The wealth of competition in its procurement phase suggests robust engagement and highlights the firm’s critical role aligned with government operational planning.
Contract Details
Agency Details
Recipient Details
Comments
Award Transactions
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to THOMPSON & PHIPPS INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.