NAICS (North American Industry Classification System) Codes are a very important part of government contracting. We've covered what a NAICS Code is, how to use codes to determine if your organization qualifies as a small business, top spending trends and much more. Now that you know the basics of NAICS Codes, let's talk about how you can use them to find relevant government contracting opportunities.
Government agencies often require a steady supply of goods and services, ranging from office supplies to electronic parts. However, they may not always know the exact quantity or timing of these needs. This is where Blanket Purchase Agreements (BPAs) come into play.
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.
Indefinite Delivery, Indefinite Quantity or IDIQ are terms that are often used when doing business with the federal government through the General Services Administration (GSA) Multiple Award Schedule (MAS) Program. IDIQ may might just sound like any other random government contracting acronym to you, but it is an important term to remember.
There are a lot of terms, processes, and requirements to remember when it comes to GSA Schedule acquisition, but in this blog, we're going to focus on pricing, specifically determining what is "fair and reasonable." When establishing a GSA Schedule contract, the first thing to note is that the federal government intends to obtain equal or better pricing. Why do they need to do this? Well, GSA has determined the prices under the GSA Schedule to be "fair and reasonable." During GSA Schedule negotiations, if the proposed prices are not deemed “fair and reasonable,” the offer can be either denied or negotiated further to meet the standards of the GSA. So, who determines "fair and reasonable" pricing and how do you ensure you are proposing the right numbers? Let’s discuss the highlights so that your offer can be successful during the contract review process.
Many government contractors make the mistake of not taking the time to conduct market research. Instead, they spend their time monitoring upcoming opportunities and chasing agencies, which is much more useful if paired with the proper market analysis to determine the right strategy and the most relevant opportunities to pursue. While it's important to get your company's name out there and respond to government solicitations, it can be a waste of time if the opportunity isn't the right fit, or there are components to it you just can't realistically meet.
Another contract vehicle is on the horizon for government contractors—GSA has created a new services Indefinite Delivery, Indefinite Quantity (IDIQ) to replace OASIS. Formerly named Services Multi-Agency Contract (MAC) and more recently dubbed as OASIS+, this contract vehicle will support GSA’s Federal Acquisition (FAS) Office of Professional Services and Human Capital Categories (PSHC), and will include small business set-asides. GSA has slowly been releasing draft sections, but the final Requests for Proposals (RFPs) were released in June 2023 and they are due September 13. So here’s what we know about the contract vehicle, including the reasoning behind its creation, its scope, and anticipated release dates.