Department of Justice Awarded a Contract to CAPRICE ELECTRONICS, INC for $10,676.40

Summary of Award

The awarded contract under review is a purchase order issued to Caprice Electronics, Inc., a women-owned small business based in Brooklyn, New York. This contract, identified by its unique award ID "CONT_AWD_15F06725P0000432_1549_-NONE-_-NONE-", is an important component of government procurement, focused on acquiring commercial hardware. It is managed by the Department of Justice, specifically through the Federal Bureau of Investigation (FBI).

The contract was signed on April 10, 2025, with a total obligation amounting to $10,676.40. This figure represents both the base and all exercised options, indicating that no further financial commitments are expected beyond this amount. The contract is slated to conclude on May 16, 2025, providing a brief period for Caprice Electronics to fulfill its obligations.

Caprice Electronics, Inc., the recipient of this contract, is involved in hardware manufacturing, as indicated by its NAICS code 332510. This classification sheds light on the nature of goods or services provided, namely hardware and related commercial products. As part of a small business encompassing several distinctions, including being a woman-owned enterprise, the company fits within a vital segment of suppliers to the federal government. The transactions related to this contract are straightforward, reflecting a single documented transaction on the date the contract was signed. This transaction involved an amount equivalent to the contract's total obligation, highlighting the contract's execution through a one-time financial engagement without distribution across multiple transactions. Examining the procurement process, the contract was awarded under simplified acquisition procedures (SAP), specifically under a competed scenario as denoted by "competed under SAP." Through such a process, ten offers were received, illustrating some level of competition, yet perhaps not extensive. Additionally, the contract is not consolidated, indicating the specific and direct nature of the procurement involved. A notable aspect of the procurement is its categorization of the set-aside type as "WOSB" or Women Owned Small Business, emphasizing the government’s effort to support businesses led by women entrepreneurs. This initiative aligns with broader efforts to encourage diversity and inclusion within federal procurement. The recipient's executive details highlight key leadership, entailing a compensation range for top executives of Caprice Electronics, Inc. The highest remuneration is for Mr. Daniel Laufer, amounting to $221,999, followed by Mr. Mark Laufer at $149,500. These figures provide an understanding of the company's executive structure and a glimpse into its internal financial distribution. Located in Brooklyn, New York, Caprice Electronics operates within the Kings County jurisdiction, a vibrant business hub that supports various industries, including manufacturing. This location potentially offers strategic advantages, such as proximity to major transportation networks and access to a substantial workforce, propelling the company's capacity to meet contract obligations efficiently. Furthermore, the awarding and funding agency's dual role is attributed to the Department of Justice, specifically within the Federal Bureau of Investigation's domain. Such an arrangement underscores the specialized nature of the procurement, likely tied to specific needs as dictated by FBI operational requirements, which may range from logistical support to equipment supply pertinent to federal law enforcement activities. The firm-fixed-price nature of the contract indicates predictability in terms of cost management, providing security to both the government and Caprice Electronics, Inc. It ensures that the agreed cost remains unchanged throughout the contract's duration unless modifications explicitly alter the awarded amount. Caprice Electronics, Inc.'s business categories further amplify its role in government contracting, including its status as a corporate entity not tax-exempt and a subchapter S corporation. These designations are significant within federal contracting, outlining the company's ability to engage in government opportunities with distinct financial and operational attributes. Overall, the awarded contract between the Department of Justice and Caprice Electronics highlights an intricate interplay between federal procurement objectives, support for women-owned small businesses, and the efficient delivery of hardware manufacturing services. As government spending in this sector continues to evolve, partnerships with adept entities like Caprice Electronics help achieve critical government missions while fostering economic opportunity and diversification across the federal marketplace.