The award ended in 2020 when the Association for Library Collections and Technical Services (ALCTS) officially disbanded on August 31, 2020, to merge with two other American Library Association (ALA) divisions. It was consolidated into a new, unified division called
Core: Leadership, Infrastructure, Futures.
This award is given to recognize the contributions by and outstanding leadership of an individual to the field of acquisitions librarianship. This recognition is made for individual achievement of a high order in this area.