GSA is short for General Services Administration which runs and administers an alternate system by which the government and their potential suppliers can meet and transact business. GSA Schedule refers to the general pattern or timetable of procurement, supply and services acquisitions, awarding of contracts, property disposal, etc. every fiscal year.
PER PROJECT BASIS
The GSA Schedule is a plan of program that gives private companies the chance to become federal contractors and suppliers. The main feature of the GSA Schedule system is that it parallels the mainstream buying and selling practices of businesses.
Normally, GSA contracts are awarded to the companies that give the best bidding price for a service or product. If your company is awarded GSA contracts, it is not an exclusive contract that you can renew on a regular basis.
If the need for the same product or service that you have provided arises, then a new procurement or bidding process will once again take place. You can once again bid for the GSA contracts, but there is no guarantee that you will win. While your previous history as a government contractor may be a factor for consideration, another company may present terms and conditions that are more suitable for the project in question.
AIM FOR THE SHORT LIST
If you are planning to enter the GSA business and become a federal contractor, it pays to plan ahead. Study the profiles of companies that have been awarded government projects and analyze how they were able to win such contracts. Becoming a federal supplier or contractor is not easy as the government has more rigorous standards. Your company must be able to meet, even exceed these stringent requirements to be among the short listed companies under consideration.
There are GSA consulting companies that can assist you if your company is fairly new in the market. These companies will help you with your GSA Schedule and give you tips and techniques to enter and succeed in the prestigious world of federal contracts.
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