What is the procedure to get the GSA Schedule Contract Ready for Government Q4 SPENDING?

Introduction: Before we start the discussion, let us know what is GSA Schedule? GSA or the General Services Administration is a government agency, established in 1949. The GSA, has been evolved for over the years and is tasked with managing government buildings, real estate, providing product and service procurement support, developing polices and regulations. The estimate is approx. $45 Billion government contract. It can be obtained by Businesses, non-profit organizations, and educational institutions, in order to sell products and services to government customers. This contract is supposed to streamline the government sales process.

If you can ensure that your pricing is up to date, you can maintain your GSA Multiple Award Schedule (MAS) contract. This is the most essential part of this contract. The validity of this contract can last for up to 20 years. You being a GSA contractor, you have both, the ability and the right to increase your GSA rates and your commercial rates at the same time. GSA is known for its development of GSA Multiple Award Schedule (MAS) Contracts, also referred to as Federal Supply Schedule Contracts or the GSA Schedules Program. GSA Schedule Contracts, are indefinite delivery, indefinite quantity (IDIQ), long-term contracts under the General Services Administration’s Multiple Award Schedule (MAS) Program.

So, now that we have got the idea of what is GSA? Let’s see the beneficial part of GSA Schedule –

• Over $45 Billion in Annual Sales

• Reduced Pool of Competition

• Shorter, Simplified Sales Process

• Competitive Advantage in the Federal Market

• Can Be Used to Sell to All Federal Agencies

• Can Be Used in Some Cases to Sell to State & Local Government

Conclusion: With the above discussion we have understood what is GSA and it’s benefit. There are lots of terms that are interchangeably used to refer to the GSA schedule contract. This may create some confusion to those companies, who are new to GSA program. It structured in order to assist federal employees to purchase the products and services.