Government Contracting Blog

While attaining a GSA Multiple Award Schedule (MAS) contract, verbiage can become confusing, especially if this is your first time navigating the acquisition process. As you’ve begun working toward contract acquisition, you may have stumbled across the terms “best value” and “fair and reasonable price.” Though they sound similar, the implications of their definitions are quite different. In this blog, we will go over the true meaning of these concepts and how they play a role in the acquisition of a GSA MAS.