What is a GSA Contract?
A GSA contract, also known as a GSA Schedule, Federal Supply Schedule contracts, or multiple award schedules, is an indefinite delivery, indefinite quantity (IDIQ) contract negotiated between the US General Services Administration (GSA) and commercial companies and available for use by federal agencies worldwide. GSA contracts make it easy for the government to purchase state-of-the-art, high-quality commercial products and services. To maintain continued sources of supplies and services, schedule contract periods are as long as five years with three five-year option periods.