Department of Veterans Affairs Awarded a Contract to POMERANTZ ACQUISITION CORP for $1,602,292.72

Summary of Award

The contract awarded by the Department of Veterans Affairs (VA) to Pomerantz Acquisition Corp is a comprehensive arrangement for supplying and installing systems furniture. This contract, identified by the unique award ID "CONT_AWD_36C10E22F0105_3600_36C10E21A0008_3600," represents a significant investment from the federal government into upgrading office functionalities through quality furniture solutions.

### Overview of the Contract

The agreement is categorized under a "BPA CALL" award type, indicating that it is a Blanket Purchase Agreement Call, a type of contract often used to simplify procurement of recurring needs. The contract commenced on July 29, 2022, and extends until August 2, 2023, with a total obligation of $1,602,292.72. This single-award contract involves a "Firm Fixed Price" arrangement, meaning the price established at the beginning of the contract remains fixed regardless of any potential cost variations in performance. The entire obligation corresponds to costs associated with delivering and installing office furniture, underpinned by the product or service code (PSC) 7110, which is specific to office furniture. The contractor, Pomerantz Acquisition Corp, is responsible for manufacturing the furniture under NAICS code 337214, referring to "Office Furniture (except Wood) Manufacturing." ### Awarding and Funding Agencies Both the awarding and funding responsibilities reside with the Department of Veterans Affairs, a key institution dedicated to addressing veterans' needs, including enhancing operational environments like offices to ensure better service delivery. The Boston Regional Benefit Office facilitated this procurement under the VBA Field Contracting division. ### Recipient Information Pomerantz Acquisition Corp, located in Philadelphia, Pennsylvania, is characterized as a minority-owned business with several accolades. It belongs to various business categories such as Black American Owned, Service Disabled Veteran Owned, and Small Business, among others. This profile highlights its commendable positioning as a diverse and capable supplier. It's noteworthy that being a U.S.-owned business, Pomerantz is committed to providing top-quality furniture while contributing to the economic empowerment of diverse business categories. ### Period of Performance and Modifications The performance of this contract began on September 16, 2022. Throughout its course, a series of transactions and modifications have occurred, exemplifying the dynamic nature of contract execution. These financially quantified transactions are key to understanding the contract’s progression: 1. **Initial Transaction:** Initially released with a substantial transaction amount of $944,955.52 on July 29, 2022, this amount established the core budget allocation for the project's deliverables. 2. **Subsequent Modifications:** As work progressed, transactions experienced several modifications. The first, on September 28, 2022, saw a deduction of $50,417.34, an adjustment possibly reflecting refined needs or updated project scopes. 3. **Additional Funds:** On January 4, 2023, an additional $144,206.49 was released, ensuring continuous provision and addressing further requirements as the project unfolded. 4. **A Major Injection:** June 5, 2023, marked a significant injection of funds amounting to $563,548.05, illustrating perhaps a scaling of efforts or an expansion of the furniture installation scope. 5. **Final Adjustment:** The most recent action occurred on April 10, 2025, adjusting with a small deduction of $963.15. Such a transaction might align with project closure activities, final reconciliations, or unutilized budget elements. Throughout these transactions, defense logistics codes (DEFC) attribute them under code "Q", which binds them to specific departmental financial regulations and controls. ### Execution and Commercial Procedure The procurement followed a "Full and Open Competition" process, granting fair opportunity and transparency under solicitation procedures detailed as "Subject to Multiple Award Fair Opportunity" (MAFO). This ensures that purchases align with governmental requirements for fair competition, an essential aspect of federal contracting. Pomerantz, being part of this open competition landscape, secured this notable contract against two other offers, standing out possibly due to its diverse ownership and customized furniture solutions. ### Future Oversight and Conclusion The negotiated terms remain under VA supervision, ensuring adherence to the set budget and timeline. As of the last update on April 3, 2025, the project seems set to finalize in alignment with governmental acquisition strategies, providing veteran services agencies with enhanced workplace environments. The collaboration harmonizes Pomerantz’s expertise in non-wood furniture with the VA’s commitment to veteran-related functionalities, embodying a successful public-private partnership aimed at efficiency, diversity, and quality. This contract predominantly underscores the importance of infrastructure in daily government operations and highlights how well-structured federal purchases contribute to broader social and economic goals, setting standards for future acquisitions and public sector collaborations.