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The GSA Schedule is awarded as a prime contract entered into by the federal government and a vendor that has submitted an acceptable proposal. At the core of the GSA Schedule contract lie two key concepts: 1) Basis of Award customer or group of customers and 2) Price Reduction Clause.
GSA Advantage is an online shopping and ordering service created within the GSA for use by government agencies to buy commercial products and services. Its mission is to provide a streamlined purchasing portal for federal agencies to acquire goods and services.
The reason why Simplified Acquisition Procedures are permitted for items above the $250,000 [24] simplified acquisition threshold for commercial items is there is an efficient market pricing mechanism which pressures market participants to provide goods and services at a fair and reasonable price which represents very efficient / non-wasteful ...
For example, GSA resold long-distance telecommunications services, telephone equipment, and professional services, based on GSA IDIQ contracts with private-sector suppliers. Also, GSA oversaw information technology procurements conducted by other executive branch agencies. Each of those procurements was for use by the agency conducting the ...
The Senate approved a slimmed-down, temporary government spending plan early Saturday morning, averting a shutdown of the federal government. The legislation now goes to President Joe Biden for ...
According to the GSA website, "A Governmentwide Acquisition Contract (GWAC) is a pre-competed, multiple-award, indefinite delivery, indefinite quantity contract that agencies can use to buy total IT solutions, including both products and services." [2] Federal agencies may create GWACs to support the work of the federal government.
The Federal Property and Administrative Services Act of 1949 is the United States federal law which established the General Services Administration (GSA). [1] The act also provides for various Federal Standards to be published by the GSA. Among these is Federal Standard 1037C, a comprehensive source of definitions of terms used in ...
As the labor market cools, data suggests more workers are getting "dry promoted" and taking on more responsibilities or a new title for the same pay.
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