Requirements for a Schedule with the GSA
US General Services Administration (GSA) establishes long-term government-wide contracts with commercial firms to provide access to millions of commercial products and services at volume discount pricing. The goods and services offered to federal agencies and departments by the GSA are divided up into categories called “GSA Schedules”.
The process as a vendor of getting placed upon a schedule in part is designed to ensure that the government is getting the very best pricing from a government vendor while maintaining high quality. The government does this by requesting highly detailed documentation on each vendor prior to placing them on a GSA Schedule. Small businesses must meet certain Criteria before qualifying for Schedule Contracts.
To be considered for a GSA Schedule Contract, a company cannot have filed for bankruptcy protection, principles of the company must have a clean background (no felony convictions) and any products that might be sold to the federal government must be TAA (Trade Agreements Act) Compliant.
Basic Qualifications for GSA Schedule:
- Business must show minimum 2 years history for most schedules (3 years in business for some service schedules.)
- Company must show within the past 2-3 years a minimum of $25,000 in sales in the industry in which the company is seeking GSA consideration .
- Financial Statements (income statement, balance sheets, etc.) demonstrating the financial stability of the company.
- At least three contracts in the industry the company is seeking GSA consideration. It is recommended that these example contracts would be with customers willing to report a strong recommendation for D&B Open Ratings.
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