Grow Business with GSA Schedule Contract- Is it a Necessity?

It’s is never too late to think about the GSA contract. Getting a GSA schedule contract in 2021 can bring extensive growth potential to your company. Although, you may know that it will benefit your company in boosting your federal sales. Not everyone knows the intricacies of the GSA contract. Hence this article will guide you briefly about the GSA contract.

What Does GSA Stand for?

GSA means The General Services Administration. It is a government agency established in the year 1949. Over the years, the GSA agency has evolved and is now managing real estate & government buildings. It also provides product and service procurement support and develops regulations or policies.

GSA has two major services FAS or Federal Acquisition Service and PBS or Public Building Services. As FAS it manages the GSA schedule contract system. The GSA program originated to streamline government buying of products and services. And leverage this buying power of the government in the process.

What Does GSA Stand for?

GSA means The General Services Administration. It is a government agency that started in the year 1949. Over the years, the GSA agency has evolved and is now managing real estate & government buildings. It also provides product and service procurement support and develops regulations or policies.

It enables a business to receive orders without any requirement to respond to complex government requests. It is because GSA negotiates the pricing terms and conditions in advance. It makes it easier for agencies to purchase from a company. In a nutshell, the purpose of the GSA schedule contract is to minimize the bureaucracy and paperwork at pre-negotiated terms.

Is Your Company Eligible for GSA Contract?

The qualification you need to obtain a GSA contract is minimal. However, the qualification requirement may vary from one schedule to another. For the majority of the time, a company must have the following eligibility criteria.

• Your company must be at least two years in business.
• It must have decent financial stability.
• Show past performance that is project support documents.
• The products and services of the company should be compliant with the Trade Agreement Act.

Benefits of GSA Schedule Contract

Many agencies only place orders through GSA contracts. As a result, many companies find it necessary to get a GSA contract to conduct significant business with the government. Let’s dive into it to understand the benefits.

• It simplifies the buying and selling process. It takes out the friction for government buyers. A company with the GSA contract is taken as pre-approved.
• It makes the company a trustworthy source, safe and reliable.

A company with a GSA schedule contract gets access to the exclusive GSA systems. The opportunities include heavy usage of GSA advantage and GSA e-buy.