What is GSA Schedule 70?

Introduction: GSA Schedule 70, refers to The General Services Administration’s IT Schedule 70, which is the government’s go-to source for IT acquisitions. This can be largely recognized with it’s benefits of cost savings, time savings, selection, and built-in value. GSA’s Federal Acquisition Service (FAS) and Office of Integrated Technology Services (ITS) has under taken IT Schedule 70 organizationally. 

GSA IT Schedule 70 save both time and money for government customers, by getting associated with purchasing information technology via the pre-existing, pre-competed. GSA examines how much time a government will take to award its own full and open contract, using products and services readily available from GSA. After completion of review over 700 contracts, it has been found that large-value IT contracts take 25 months to complete on average. This is an average timeframe of IT Schedule 70 contacts. Further, in 77 percent of the 700 contracts examined, contract awards were ultimately made to vendors that already hold existing IT contracts.

The customers who belong to Federal, state, local, and tribal government should consider utilizing GSA’s IT Schedule 70. In order to optimize the planning and procurement process, then leveraging GSA’s suite of e-Tools that facilitate market research and offer automated purchasing capabilities. Via pre-negotiated ceiling prices, cost savings can also be generated. This procedure provides significant discounts on commercial pricing. It also serves as a starting point for head-to-head competition or further negotiations. 

Today, in the federal government, it is one of the largest procurement vehicles, widely-used acquisition offering. An GSA Schedule 70 contracts, contain a five-year base period, plus three five-year option periods.

Conclusion: To conclude it can say that, customers are offered both online and in-person training, providing the assistance by GSA Schedule 70. It also supports to complete the often complex IT purchasing process.

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