Cover image for article: Anchorage contractor that shrank to six employees now fills federal supply orders

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Anchorage contractor that shrank to six employees now fills federal supply orders

by Walter AlaskaNews(1h ago)
1 min readAnchorage, AlaskaAI

ASCI Federal Services, an Anchorage logistics firm, nearly folded. Between January 2021 and October 2022, ASCI lost more than 90% of its revenue and 95% of its workforce, falling from 125 employees to six.

After restructuring as a majority women-owned business and shifting toward federal contracting, it rebuilt to nearly 50 employees and grew annual revenue from $1.4 million to nearly $8 million. SBA certified ASCI as a Women-Owned Small Business in December 2022.

The General Services Administration awarded ASCI 15 purchase orders this week, ranging from $47 industrial goggles to $2,691 in disposable gloves. Each order is a line item under the $12.4 million logistics contract GSA awarded ASCI in November 2022 for sourcing, procurement, warehousing and transportation for federal customers in Alaska.

That $12.4 million is the contract's ceiling rather than money spent. Individual orders against it have run far larger than this week's batch, including $40,862 for copy paper in July.

The federal pivot reaches beyond Alaska. ASCI's largest single federal award is a Navy contract worth about $14.8 million, running April 2024 through March 2027, performed in North Carolina.

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