This Purchase Order contract for Textiles, Clothing & Personal Accessories was awarded in FY2007 on August 16, 2007 to ACKER & JABLOW FABRICS, LTD. by Logistics Readiness Centers. There have been $29.6k in obligations to date with a ceiling value of $29.6k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received.
ACKER & JABLOW FABRICS, LTD. is a contractor located in NY, doing primarily Textiles, Clothing & Personal Accessories work for Army. The company employs about 25 personnel, with $16.3k annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Purchase orders offer the Federal Government an avenue to streamline smaller purchases. Compared to the typical procurement process, where a requirement moves through several milestones before award, purchase orders allow for a quick turnaround to fulfill commodity and service needs. The total value of a transaction is the primary prerequisite for the use of purchase orders. In more familiar terms, purchase orders resemble a trip to a local retail store to buy a few items.
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