The GSA is an organization of the Federal government of USA. It provides help and support to government agencies for enhanced management verticals. There are some approved firms that the agency uses to serve them and to streamline commercial contracts. This is known as the GSA Schedule. The ‘FSS or Federal Supply Schedule’ is a GSA contract that is long-term that allows federal employees to buy products from businesses; it contains delivery terms, pre-negotiated prices, warranties and other conditions.
Procedure to Get GSA Schedule 70
Innovative solutions are provided by the GSA IT Schedule 70 which is an acquisition vehicle that is extensively used by the US federal, state as well as local governments for their IT needs. It is used for procuring processes and availing of products and services from technology vendors. When they buy from a pre-approved vendor they have the advantage of avoiding red tape and other related issues; as a result, the task can be accomplished easily. Normally, federal agencies submit their requirements to about three vendors and select the best from among them. It is important to plan ahead if your company wants to capture more government business. Firstly, you have to determine whether your firm is eligible or not. If so, go ahead and register with ‘SAM.gov’ or the ‘System for Award Management.’ Make a proposal related to the solicitation. The next step is to submit the proposal to the GSA and start the negotiation process. The review period will vary between 3-5 months; if accepted you will obtain a contract number.
Getting Your Company Listed
If you want to sell your business to federal agencies, it’s good to be listed and considered a preferred vendor. There are few requirements for this; firstly, while applying the firm should have been doing business for a minimum of 2 years. Further, your company should be financially sound; hence, your balance sheet should be set right. The GSA approves businesses that are useful. The objective of the GSA schedule services is to get a favorable pricing from vendors; whatever the vendors and the government decide on will be effective for 5 years. All businesses are required to pay 75% of sales to the government every quarter; this is called the ‘contract access fee.’ Finally, you should realize that obtaining a contract does not mean higher sales.
Online Shopping System
The GSA advantage is considered the internet shopping system that offers access to hundreds of contractors and products. The central government employees can purchase using this system and placing orders against their contract. It offers you the opportunity of federal procurement through GSA by negotiating multi-user contracts. You can leverage the resources of the government to bring down prices. The government uses the contracts to place orders through catalogs, customer representatives or online shopping. There is an upload service provided to help companies to upload price list or to update their catalog.
Interesting Facts about GSA Schedule and IT Schedule 70