The Woman-Owned Small Business Federal Contract Program was recently under review by the Small Business Administration (SBA). The SBA proposed an amendment to the current Women-Owned Small Business Program that would implement a statutory requirement to certify them as Women-Owned Small Businesses (WOSBs) or Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs). This amendment would allow these businesses to be eligible for set-aside and sole source awards.
In 2017, U.S. Senators Mac Thornberry (R-TX) and Adam Smith (D-WA) proposed a bill known as the Saving Federal Dollars Through Better Use of Government Purchase and Travel Cards Act of 2017 that concentrated on reducing waste, fraud, and abuse of Government spending on travel and when using purchase cards. This bill passed through the House and Senate when it was incorporated into the National Defense Authorization Act for Fiscal Year 2018 (or NDAA 2018). The Saving Federal Dollars Through Better Use of Government Purchase and Travel Cards Act of 2017 addressed three key issues with Government spends: (1) improper payments, (2) questionable transactions, and (3) strategic sourcing. Our focus today will be strategic sourcing.
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.
The short answer to this question? Yes, you’re able to sell to the Federal Government without being a GSA Schedule holder, but this doesn’t necessarily mean that you should due to a multitude of reasons.
As a government contractor, you’ve probably run into NAICS codes more than a few times, and you likely know which ones are applicable to your products or services. But like many, questions still linger about their true meaning and function. Questions like: “What does the acronym even mean in the first place?” “How do they affect your business and how you work with the government?” “What is a size standard?”
Every business has its own standard commercial sales practices that ensure the company remains competitive and successful within the marketplace. Many businesses have these successful commercial sales practices but do not track them in a way that easily translates to GSA’s requirements. Having a strong record of your commercial sales practices is a vital part of obtaining and maintaining a GSA Schedule. For companies considering entering the federal marketplace through the GSA Schedules Program, it is smart to start understanding the commercial sales practice disclosure requirements from the early stages.
In November 2018, GSA announced that it would sunset its long-standing quarterly sales reporting application, 72A, and replace it with a combined TDR/MAS sales reporting tool known as SRP, or Sales Reporting Portal. Some contractors were required to transition to the new system and report their FY Q1 sales as early as January 1, 2019 with all other contractors reporting their FY Q2 sales in SRP as of April 1, 2019. This blog will give you direction on that transition, as well as some instruction on how to report your first sales in SRP.