The US Federal Government offers huge business potential for almost any company. This is a 1.1 trillion-dollar sector of the U.S. economy that offers lucrative potential for businesses that can provide goods and services to the government. It allows companies to sell on all government online portals including GSAAdvantage.gov and respond to bids and RFQs as well as solicit all Federal Agencies. This means more business and more sales for your company.
What is a GSA Schedule?
GSA Schedule is a long-term contract offered by the government to commercial companies. GSA Schedule contractors can become very successful as a result of direct access to the government contracting community with overall spending of over $33 billion per year. GSA schedule contracts ensure that the needs of different government departments are met by authorized suppliers.
Of all the schedules program, GSA schedule 70 contract, also known as IT schedule is the most lucrative and usually given to information technology (IT) vendors.
The GSA Schedule 70 solicitation is “always open”, which means GSA constantly accepts new offers.
How to apply for GSA schedule
The process requires a lot of steps and each step should be done with maximum accuracy, as even a single typo or a form filled with a mistake results in rejection of your offer.
GSA schedule preparation includes registering the company, preparing documents, submitting documents, negotiating details, waiting for the review process to complete, and award.
Appropriate GSA Contract preparation is essential because 50% of the submissions are rejected due to the high standards that must be met and nuances of the submission process.
Typically, the process of getting on the GSA schedule takes about one year from the first steps to the award.
GSA schedule requirements
In order to get an accreditation from GSA, the company must comply with the following requirements:
- At least 2 years in business. Most GSA contracts can only be taken by established businesses that operate several years on the market.
- Revenue of $100,000+/per year. Your company must generate at least this amount in revenue in each of the last two consecutive years. Some Schedules may require higher amounts.
- The company is not in debt.
- TAA compliance. Products and Services the company offers should be produced in TAA compliant countries.
- Specific requirements. Some Schedules may require specific skills or experience from the contractor. Make sure to refer to the GSA solicitation for exact details.
PRICEREPORTER Inc. can help your business understand the GSA Schedule and get approved for GSA Contract Schedules. Our GSA schedule assistance will guide your organization through this sometimes complex and difficult process. Once completed, you will have access to all government agencies and branches of the military. Let the GSA schedule consultants at PRICEREPORTER guide you to a GSA Schedule Contract.
