Jacobs Gardner Supply Co Inc.

Jacobs Gardner Supply Co Inc., doing business as Penny Wise, is a woman-owned small business based in Crofton, Maryland that supplies office supplies, stationery, IT equipment, and administrative materials to federal agencies as a prime contractor exclusively through GSA Multiple Award Schedule (MAS) delivery orders and federal supply agreements. The vendor is a Subchapter S Corporation registered as a woman-owned business with no subcontracting footprint — all 450 awards in the source are prime contracts or IDVs.

Penny Wise's customer base spans 113 federal agencies, but concentration is heavily skewed toward GSA's procurement operations. The GSA Federal Acquisition Service dominates the potential-value ranking, accounting for $188.7 million (99% of combined potential value) across 13 awards, whereas the Department of the Navy Naval Sea Systems Command ranks second by award count with 18 delivery orders but only $11 thousand in combined value. The gap between volume and dollars reflects Penny Wise's core business model: high-volume, low-dollar transactional orders for routine office and janitorial supplies placed against GSA's Office Products, Supplies Services and Technology contract (142 task orders, $400 thousand combined potential value) and the FSSI Office Supplies Strategic Sourcing Solution Third Generation vehicle (48 task orders, $949 thousand combined potential value). Recent awards include a $23,002.88 Total Small Business set-aside purchase order from Federal Correctional Complex Petersburg for custodial maintenance supplies (May 2025), a $10,000 delivery order from the United States Trade and Development Agency for office supplies (July 2025), and microtransactions ranging from $105 to $548 against GSA MAS with Naval Sea Systems Command for stationery, writing instruments, and document covers (February 2022–May 2026).

The vendor's award portfolio is concentrated in office supplies (241 awards by PSC) and office furniture (62 awards), with strong secondary presence in information technology supplies (19 awards). The NAICS footprint mirrors this: Carbon Paper and Inked Ribbon Manufacturing (140 awards), Office Supplies except Paper Manufacturing (87 awards), and Office Supplies and Stationery Stores (32 awards) dominate. Activity has remained flat over the past five years — four awards in 2022, peaking at eight in 2023, then declining to one award in 2026 — reflecting the transactional nature of the business and reliance on high-volume, low-touch supply contracts rather than larger task-order growth. Combined potential value across all 450 awards totals $191.7 million, but only $3.7 million (2%) has been obligated, indicating a large backlog of unexercised contract authority typical of GSA supply schedules. Penny Wise competes in full-and-open procurements with no set-aside designations on the vast majority of work, though one award carried a Total Small Business set-aside designation.

Jacobs Gardner is a full service nationwide provider of Office supplies, paper, computer and IT supplies, office machines and equipment, office and home furniture, school supplies, library supplies, audio-visual supplies, and custom items such as stamps, nameplates, imprinted envelopes and forms