Home Essentials SL

Home Essentials SL, a for-profit sole proprietorship headquartered in Madrid, Spain with operations in Portugal, supplies residential furniture rental services to U.S. government diplomatic facilities across Spain and Portugal as a prime contractor on a full-and-open competitive basis, with no set-aside designations.

The vendor operates exclusively as a prime contractor (100% of awards) and competes in full-and-open procurements across 555 awards spanning two decades, with no subcontract footprint. Home Essentials SL holds SAM.gov registration dating to 2006 and specializes narrowly in furniture rental—421 of 555 awards carry NAICS 421 (Furniture Merchant Wholesalers), and 526 carry PSC code for equipment lease or rental (Furniture). Recent activity is stable: 22 to 24 awards per year from 2022 through 2024, declining to 19 in 2025 and 5 year-to-date in 2026.

Customer concentration is extreme and single-agency driven. The Department of State Bureau of European and Eurasian Affairs accounts for 342 awards (61% of all awards, 82% of combined potential value of $27.5 million), far exceeding the vendor's secondary customer base of Department of the Navy Installations Command (89 awards with no dollar ceiling specified in the source), the Bureau of Consular Affairs (44 awards, $490 thousand), and the Bureau of Diplomatic Security (21 awards, $635 thousand). Together, these top four customers represent 91% of all awards and 99% of potential value—a concentration profile that signals near-total dependency on Department of State renewals in the Spain and Portugal region.

Home Essentials SL holds a primary parent vehicle: a $5.432 million single-award Indefinite Delivery Contract (IDC SGE50014D0009, awarded September 30, 2024, running through September 29, 2029) with the Bureau of European and Eurasian Affairs for the Residential Furniture Rental Program in Spain and Portugal. This IDC has generated 307 task orders ($12 million combined potential value) and serves as the delivery-order vehicle through which multiple State Department bureaus—including Bureau of Consular Affairs, Bureau of Diplomatic Security, Bureau of Overseas Building Operations, and Bureau of Near Eastern Affairs—and other federal agencies including Department of Justice, Department of Homeland Security, and Department of Commerce procure furniture rentals. A second parent IDC (19GE5019D0021, $5.294 million, extended through September 2024 per older award records) yielded 109 delivery orders ($4.2 million combined potential value). Two Navy contracts (N6817106A6053 with 84 task orders and N6817105A6053 with 6 task orders) appear in the vehicle footprint but lack dollar information in the source. A third State Department IDC (19GE5024D0024) generated 38 task orders ($2.2 million combined potential value).

The vendor's recompete exposure in the next twenty-four months is modest: only seven awards (combined potential value $727 thousand) carry ultimate completion dates inside that window, suggesting most of the current delivery-order pipeline extends beyond mid-2027. However, the September 29, 2029 expiration of the primary $5.432 million IDC represents a material recompete cliff for 2027–2028.

Recent work is representative of the vendor's scope: a $450,190.30 delivery order from the Bureau of European and Eurasian Affairs (awarded September 30, 2024) for residential furniture rental at U.S. missions in Spain and Portugal; a $186,580.97 order from the Bureau of Diplomatic Security (December 31, 2025) for similar services; and monthly $24,000–$37,000 delivery orders for GSO (General Services Office) rental furniture throughout 2021–2024. All delivery orders are firm fixed-price, require no subcontractors (the vendor furnishes all personnel and equipment), and maintain contractor ownership of the furniture throughout the rental period. Place of performance is consistently Portugal or Spain, with delivery orders monthly or quarterly depending on customer bureau draw-down patterns.

The vendor has zero identified subcontract relationships and competes in a narrow, geographically bound niche: furniture leasing for U.S. diplomatic operations in a two-country region. Concentration in a single agency, dependence on annual option-year renewals under aging parent IDCs, and exposure to budget cycles and diplomatic staffing changes at Spanish and Portuguese posts represent the dominant competitive and recompete risks in the portfolio.