About GSA Schedule Contracts
GSA Schedule contracts are based on the same concept as the negotiated purchase agreements used by many large corporations. Vendors offer their commercial products, GSA and the vendor negotiate “fair and reasonable” discounts and terms, and GSA awards contract that, instead of promising any specific orders, allows Federal agencies to purchase the listed items as needed, without having to get bids or quotations or create separate contracts.
Since they are based on products and services that are offered in the commercial marketplace, GSA contract prices and terms are usually based on those that are given to those customers, other than Federal Government, who receive the best pricing and terms.
- Full disclosure of prices and terms for all customers
- Tracking and reporting of all sales to GSA Schedule users
- Payment of a ¾ percent Industrial Funding Fee
- Honoring provisions of the Price Reductions clause
Broad Categories of Products and Services are divided into numbered Schedules, the separated into smaller groups by “Special Item Number” (SIN).
Federal Agencies and Other Authorized GSA Schedule Users are listed in GSA Order ADM 4800.2F. http://www.gsa.gov/graphics/fas/SignedGSADirective48002F.pdf