Tuesday 7 June 2022

Things You Need to Know About GSA IT Schedule 70

GSA Schedule 70 is a long-term contract issued by the General Services Administration of the United States to commercial technology vendors or businesses. If a vendor gets awarded a Schedule contract then it signifies that the vendor has set prices that are fair and reasonable. It also signifies that the vendor adheres to all the laws and regulations.

GSA Schedule 70 is a widely used acquisition vehicle in the federal, state, and local government. It provides easy access to innovative information technology products, services, and solutions from leading industry vendors or IT businesses.

So let’s dig deeper and understand all the important aspects of GSA IT Schedule 70.

What does GSA Schedule 70 actually mean?

It is basically the Information Technology category of the MAS program. The MAS program of the GSA Schedule in the IT category offers IT Services, Software, Hardware, and a variety of specialty IT offerings. It is considered to be one of the largest government contracts. The GSA IT schedule contract has been the largest moneymaker for the GSA for decades. The IT Schedule 70 is a Multiple Award Schedule contract under the GSA Schedule Program. It serves as the procurement vehicle for IT products, software, and professional services that are related to Information Technology.

Why get a GSA Schedule 70 contract?

Do you want to grow the credentials of your IT business? Then you can opt for obtaining GSA Schedule 70 contract. It is because the IT contractors that sell IT products, software, and professional services often consider pursuing GSA IT Schedule Contract 70 to grow their federal business prospects. So you can opt for obtaining GSA Schedule 70 to grow and build a positive record that can help you get many other government contracts.       

The GSA Schedule program contains the GSA Schedule 70. This GSA Schedule 70 is the largest in the GSA Schedule program by sales and the competition. The report says that the average amount of revenue of a GSA Schedule 70 Contractor is about $3 million every year. By obtaining GSA Schedule 70 Contract, the scope of growing your business is too high in the long run.

In the beginning, the Schedule 70 Contract was used to sell to the federal buyers. State, Municipal, and other local government agencies can purchase through a program called the Cooperative Purchasing & Disaster Recovery program.

The federal government of the United States mostly uses the GSA IT Schedule 70 as a major source for making IT purchases in a more simplified manner. The value is being enjoyed by the federal buyers as it saves time as well as money. 

Top GSA Schedule 70 categories

GSA Schedule 70 has four basic categories of Special Item Numbers that you should know.

  • Professional IT services 
  • IT hardware 
  • Software and Maintenance 
  • Cybersecurity

Conclusion

So if you have an IT business or you are an IT contractor then look forward to obtain GSA Schedule 70 which will boost your business quickly. The long-term contract will help you to generate stable revenue throughout the year and your business will be growing rapidly if things go properly. The GSA IT Schedule 70 is specifically designed for IT businesses or vendors who are selling IT products and services to federal agencies, so don’t neglect and grab the opportunity to make a remarkable position in the market.

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