What does it mean to be a General Services Administration Schedule contractor?
GSA Schedule contracts, also referred to as Federal Supply Schedule (“FSS”) or Multiple Award Schedule (“MAS”) contracts, are popular government-wide indefinite delivery and indefinite quantity multiple award contracts for commercial products and services. These contracts are unfunded, meaning that they set forth contract terms but do not obligate federal dollars or require performance until a purchase order is issued by a procuring agency. This arrangement affords ordering activities the benefits of shorter lead-times, simplified competition requirements, lower administrative costs, and reduced inventories, while promoting compliance with various environmental and socioeconomic laws and regulations.
Related Questions
- As overdrafts are not payment services, does that mean that none of the overdraft terms are part of the framework contract or covered by schedule 4?
- What is the relationship between the General Services Administration and the VA Federal Supply Schedule Service?
- Is Zebra on the General Services Administration (GSA) schedule?
