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What is a GSA Schedule Contract?

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What is a GSA Schedule Contract?

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Under the GSA Schedules (also referred to as Multiple Award Schedules and Federal Supply Schedules), GSA establishes long-term, government-wide contracts with commercial firms to provide specific products and services. Federal buyers currently have access to more than four million commercial services and products through these contracts. Depending on a buyer’s needs, these items can be ordered directly from the contractor or through the GSA’s Advantage!® online shopping and ordering system. The GSA Schedule contracts offer advantages both to the buyers and the sellers of these items: • Buyers save substantially from not having to prepare and administer a formal procurement action each time they need to purchase certain frequently needed products and services. In addition, buyers are assured they will receive the contractors’ best prices, a key requirement for companies that want to sell through the GSA schedules. • Sellers who obtain a GSA Schedule contract are assured a minimum amount

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