Excel Business Development with GSA Schedule Service: Benefits and Challenges

GSA Schedule (also referred to as GSA Schedules, GSA Contracts) is a contracting vehicle established by the U.S. General Services Administration (GSA) for use by federal agencies for the acquisition of commercial products and services. The program provides federal agencies access to products and services from commercial vendors through pre-negotiated contracts. GSA Schedule contracts provide agencies with a streamlined purchasing process and discounted pricing. GSA Schedule contracts are awarded to vendors who have demonstrated their capability to meet the government's requirements and provide the best value to the government. Vendors must submit a detailed proposal, including price and performance information, in order to be considered for a contract. Once awarded, GSA Schedule contracts are good for five years and can be renewed for an additional five years. GSA Schedule contracts provide federal agencies with a number of advantages, including: Streamlined purchasing process – ...