The gsa schedule 70 is the largest contract within the GSA
The gsa schedule 70 simplifies the process of selling the information technology related services and products to the Federal government for the companies. Buyers from the Government spend more than $14 billion annually through contract, accounting for approx 30% of all GSA and VA Schedule sales.
This is the most required GSA Schedule Program in provisions of sales and the figure of companies who are awarded the contract. The gsa schedule 70 is commonly called the IT Schedule and has more than 7.5 million products and services to offer.
It has managed to shrink the buying cycles from the open market for around 50% and more than 4,600 vendors are available here.
Defining the meaning of contract holder for the IT schedule
Business owners, suppliers, and partners apply to GSA to get on the gsa schedule 70. This enables the customer agencies to check the list for their procurement of technology products and services requirements.
More than 80% of the IT schedule lists are small businesses. They act as a business catalyst and fulfill the GSA’S commitment towards the same. The contract holder company makes the same offer it was doing to the commercial customer. The contract adds a completely new dimension to existing business.
The gsa schedule 70 does not mean business or guarantee sales. It provides the opportunity to make sales to the federal, state and other bodies like any other company listed under GSA schedule.