IT Schedule 70 is an Indefinite Delivery Indefinite Quantity (IDIQ) Multiple Award Schedule (MAS) contract. It is an IT procurement vehicle that offers a comprehensive array of state-of-the-art IT products, services, and solutions. Approximately 80 percent of IT Schedule 70 contract holders are small businesses.
What is a GSA contract holder?
GSA Schedule (also referred to as Multiple Award Schedule (MAS) and Federal Supply Schedule ) is a long-term governmentwide contract with commercial firms providing federal, state, and local government buyers access to more than 11 million commercial supplies (products) and services at volume discount pricing.
How do I get on the GSA Schedule 70?
To get the Schedule 70 contract, you would need to apply and get approval. You must also remember that having the agreement does not guarantee you business with the government. Just as you market to your local consumers, you would also need to sell to these federal, state, and local government agencies.
Who can buy off GSA Schedule?
Who can buy from Schedule? Commercial products and services are available for purchase by state and local governments, including tribal governments and educational institutions defined under 40 U.S.C. § 502(c).
What are the different GSA schedules?
The Professional Services GSA Schedule combines 7 subcategories into one GSA category. These include: Integrated Business Services, Financial Services, Advertising & Marketing, Language, Engineering, Environmental, and Logistics.
Is a GSA contract worth it?
It’s not a ticket to increased sales. “They assume business will automatically occur, though business only occurs when you develop relationships with buyers—just like any other industry.” So having a GSA contract is advantageous, for sure, but it does not guarantee sales for your business.
How long does a GSA contract last?
20 years
GSA Contracts last 20 years. They are 5-year options with 3 renewals.
How do you become a GSA contract holder?
How to Get a Contract
- Download the solicitation package. Download the latest revision (refresh) of the MAS Information Technology Solicitation.
- Prepare your offer.
- Submit your offer.
- GSA will review your offer.
- Maintain your contract.
How long does it take to get a GSA Schedule 70?
IT Schedule 70 – simpler offers or those pursuing just the IT Professional services SIN (132-51) are taking 5-7 months, while more complex products offers are taking 7-9 months. Offers for building supplies, hardware and similar products vary widely and are taking in the 6-10 month range.
What is a GSA Schedule 70 contract?
GSA Schedule 70 is the largest within the GSA Schedules Program both by sales and the competition. The average amount of revenue of a GSA Schedule 70 Contractor is about $3.1 million per year. Primarily, the Schedule 70 Contract is used to sell to federal buyers.
What is the transition period for IT Schedule 70?
GSA is in the process of combining IT Schedule 70 with other GSA schedules as part of the Multiple Award Schedules (MAS) consolidation initiative. During the transition period, anticipated to be completed by July 31, 2020, Cloud and Cloud-Related IT Professional Services contract holders will be listed on GSA eLibrary under and SIN 518210C.
What is an itit Schedule 70 contract?
IT Schedule 70 is a Multiple Award Schedule (MAS) contract under the GSA Schedule Program. The type of contract is called an Indefinite Delivery Indefinite Quantity (IDIQ), which means that there are no orders or dollars attached to the award, but it is rather a channel for sales to flow through (i.e. a License to hunt).
What is the average revenue of a Schedule 70 contractor?
The average amount of revenue of a GSA Schedule 70 Contractor is about $3.1 million per year. Primarily, the Schedule 70 Contract is used to sell to federal buyers. However, State, Municipal and Local government agencies can purchase through the Cooperative Purchasing and Disaster Recovery programs.