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The vendor specifies in its GSA proposal, and during negotiations of GSA Schedule contract prices, the discounts to be given to Basis of Award customer(s). If the vendor then provides a larger discount to a Basis of Award customer than what was agreed upon in the GSA Schedule contract (i.e., if the price floor is breached), then the vendor's ...
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 ...
Multi-year contracts generally lower the risk for the contractor, and thus the unit price paid by the Government. One way to look at this situation is that a multi-year contract contains a real option for the contractor to escape the uncertainty associated with a sequence of single-year contract negotiations (analogous to a put option). Real ...
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
"Nonpersonal services contract" means a contract under which the personnel rendering the services are not subject, either by the contract's terms or by the manner of its administration, to the supervision and control usually prevailing in relationships between the Government and its employees.
Learning Tree International GSA IT Schedule 70 Contract Extended RESTON, Va.--(BUSINESS WIRE)-- Learning Tree International (NAS: LTRE) announced today that it has received an extension of its GSA ...
IDIQ contracts are frequently awarded by various U.S. government agencies, including the General Services Administration (GSA) [6] and Department of Defense. [7] They can be in the form of multi-agency contracts under the Government-Wide Acquisition Contracts (GWAC) system, or they may be government agency-specific contracts. [ 8 ]
As of August 6, 2024, government agencies are now able to procure IDI’s next-generation investigative solution, idiCORE ™, and associated IDI products and services with ease and confidence through Carahsoft’s GSA Schedule contract. This strategic alliance is a significant step in IDI’s commitment to deliver innovative solutions and ...