GSA Schedule Spending refers to the total expenditure incurred by federal agencies and departments in purchasing goods and services through General Services Administration (GSA) Schedules program. This program, also known as Multiple Award Schedules (MAS), offers a comprehensive array of commercial products and services available for government purchase at negotiated prices. GSA Schedule Spending amount reflects the aggregate cost of these transactions in a given fiscal year.
In essence, GSA Schedule Spending is a key indicator of the extent of government reliance on GSA Schedules program. It provides insight into the usage trends of federal procurement mechanisms and helps gauge the efficiency of government spending. It is also useful in identifying the most procured categories of goods and services, thereby aiding future procurement planning and decision-making.
