Purchasing from pre-approved vendors makes purchasing goods and services easier for federal agencies. Getting a GSA Schedule contract means you’ve been vetted and approved as a responsible vendor by the government.
It also ensures that you’ve met all the requirements and regulations, priced your products and services correctly, and met all the necessary quality standards.
Cost-Effectiveness
A GSA contract is a highly-ranked tool that can help you grow your business in the federal market. It offers a streamlined process for both government agencies and vendors.
Unlike other contracts, a GSA schedules contract can last up to 20 years and offer no ceiling on sales (indefinite delivery, indefinite quantity).
This makes it a great option for small businesses looking to build their federal business. It is also an ideal route for companies that sell technology, including software, vehicles, and consulting services.
Many of these companies have acquired GSA Schedule 70 contracts to sell their technologies, making it a cost-effective way to sell into the federal market.
As a result, GSA continues to progress in reducing operating costs, supporting Government-wide technology modernization initiatives, and improving internal shared services.
This work helps save taxpayer money and improves customer satisfaction throughout the government.
Flexibility
A GSA vendor is often flexible in working with the government. This is because they understand that federal agencies need flexibility when buying goods and services, which makes it easier for them to meet the needs of their customers.
Flexibility also allows them to work with the government in a way that is efficient and cost-effective.
This can help vendors avoid unnecessary costs associated with ordering items that are not needed or do not fit within the budgetary constraints of their government agencies.
When a company wants to do business with the government, it must first be certified as an authorized scheduled contractor by the General Services Administration (GSA).
This means that GSA has evaluated the price and the company’s qualifications for selling its goods and services to the federal government. This process ensures that the company is legitimate and its fair and reasonable prices.
Reliability
Government agencies vet GSA vendors to ensure their prices and business are legitimate. Being a GSA-approved vendor is a big deal to any potential client, as the agency trusts your product.
Reliability is the probability that a system or component will function successfully under specified conditions for an extended period without failure.
It is critical to quality assurance and improvement in product design, production, and field operation phases.
Reliability engineering can reduce equipment and technical failures, enhance effectiveness, minimize repair times, and streamline maintenance processes. It also offers protection against injury and death and can decrease energy requirements.
Time-Saving
There are several ways that GSA vendors can help federal agencies save time and money. One way is submitting their products to GSA Advantage, which offers pre-negotiated prices and terms on a wide range of goods and services.
Another way is offering their services under Blanket Purchase Agreements (BPAs). BPAs allow agencies to buy in bulk and save on administrative costs.
In addition to these tools, government contractors should periodically check their contact information to ensure accuracy.
This will ensure that their invitations to bid are sent to the correct people. This will make the process more efficient and increase their chances of getting the necessary work.