Approximately 210 days before a 5-year option period ends, GSA Schedule holders receive an automated email notifying them of the option to extend their contract. If you are one of them, knowing you have two options is important. You can choose to let your contract expire or complete an option extension modification to continue the life of your contract for another 5 years. If you are going through the option extension process for the first time, it may seem overwhelming, but a clear understanding of the requirements can put you at ease. In this blog, I will share with you everything you need to know about a GSA Schedule option extension.

So, you are a federal contractor and would like to increase your business in the federal government marketplace. Just like the commercial world, networking is a key component to making connections and marketing your company to government customers. It can be intimidating, but just remember, most people feel the same way. Now that events are starting to ramp back up again, both in-person and virtually, it’s important to know how to effectively network. In this blog, we’ll talk about a few tips to help you make the most out of a government networking and industry days event.

If you are a GSA Schedule contract holder, you are likely familiar with the OLM SIN. OLM, which stands for Order Level Materials, is an additional GSA Special Item Number (SIN) that most current contractors likely added during a modification. Similarly, some GSA contractors may be familiar with the acronym ODC, or Other Direct Costs. But what exactly are OLMs and ODCs, and how do they fit into the GSA Multiple Award Schedule (MAS) program?

All contractors who plan to sell to the federal government know the importance of maintaining your System for Award Management (SAM.gov) registration. It's a requirement that you must be registered in SAM.gov before you can submit your GSA Schedule offer, and you need to renew it annually as long as you want to do business with the government. While it's an essential area of compliance, maintaining your SAM.gov registration is not always easy and straightforward, especially with the recent updates to SAM. Our team has compiled a list of frequently asked questions to help the process go smoothly.

There are plentiful opportunities for companies of all sizes to offer their products/services through a General Services Administration (GSA) Multiple Award Schedule (MAS), including small businesses. Many qualified small businesses benefit greatly from the advantages associated with being a small business in the federal government, but they may not realize the landscape of opportunities available. That’s why it’s important to do some market research to see what’s out there.

Government contracts present a world of opportunities for businesses seeking stability, growth, and profitability. They can be highly profitable for businesses, offering stable contracts and a steady revenue stream. However, the process of qualifying for these opportunities can be complex and demanding. Even if you already have a government contract like a GSA Schedule, you’ll come across several contracting opportunities that you’ll need to bid on to win business through your Schedule.