For a GSA Schedule contractor, a contract extension is an important process that should be completed without any delay. The GSA Schedule is a five-year contract with three additional five-year option periods for a total of 20 years. After each five-year period, every GSA Schedule contractor has to complete a contract extension prior to their contract’s expiration date in order to extend their contract for another five years. Although it is common to have your contract extended, GSA Schedule contractors should be as proactive as possible during this process to make sure there is no delay in being awarded the next option period.
The time has finally come for the release of GSA’s Professional Services Schedule (PSS). We have been following the news closely on this new consolidated contract combining eight current GSA Solicitations into one.
Do you know what the real benefits of being on the GSA Schedule are? Learn the top 10 reasons (and advantages) why you should consider it.
Sources Sought is one of the lesser understood notifications sent out by a federal agency. Those of you who frequent FedBizOpps (FBO) may have come across a Sources Sought when researching opportunities and you may have even skimmed over this notification because it is not a formal solicitation for work or a request for proposal. The following blog will define a Sources Sought and explore why it is a useful tool for the federal government, as well as potential vendors.
Congratulations! You have just been awarded a GSA Schedule… Now what? Preparing your offer and applying to get a GSA Schedule was only the beginning of your organization’s life as a GSA Schedule Holder. Now that you have a contract, you have important sales and compliance responsibilities for the life of your contract. For your organization off on the right path, here are the top five things to do after you are awarded a GSA Schedule.
Although most of your government clients are probably very good about paying their invoices on time – or even early to take advantage of a prompt payment discount – every so often you may get that one agency that is difficult to collect from. If it happens once or twice, it might not be that big of a deal. But what if it is every month, or on a significantly large invoice?