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What is a multiple award schedule contract?

GSA Schedule (also referred to as Multiple Award Schedule (MAS) and Federal Supply Schedule ) is a long-term governmentwide contract with commercial firms providing federal, state, and local government buyers access to more than 11 million commercial supplies (products) and services at volume discount pricing.

What is the new GSA schedule called?

Multiple Award Schedule
The GSA Schedule, also known as Federal Supply Schedule, and Multiple Award Schedule (MAS), is a long-term governmentwide contract with commercial companies that provide access to millions of commercial products and services at fair and reasonable prices to the government.

What is the government definition of acquisition?

Acquisition means the acquiring by contract with appropriated funds of supplies or services (including construction) by and for the use of the Federal Government through purchase or lease, whether the supplies or services are already in existence or must be created, developed, demonstrated, and evaluated.

What is a contract far?

The Federal Acquisition Regulation (FAR) is the primary regulation for use by all executive agencies in their acquisition of supplies and services with appropriated funds. The FAR also contains standard solicitation provisions and contract clauses and the various agency FAR supplements.

What is the purpose of the MAS program?

Savings: The MAS program provides ordering activities with competitively awarded contracts to increase the productivity and capacity of scarce acquisition resources. In addition, the program offers quick and easy access to the right industry partners, allowing customers to make the most use of their valuable time.

What type of contracts are MAS schedule contracts?

GSA Multiple Award Schedules (MAS) are long-term governmentwide, indefinite delivery, indefinite quantity (IDIQ) contracts that provide federal, state, and local government buyers commercial products and services at volume discount pricing.

What are schedule contracts?

scheduled contract means a contract within a description of contracts set out in the Schedule, but not one that falls within such description of contracts as may be prescribed; Sample 1.

What is an acquisition contract?

An acquisition agreement is a critical contract when one company decides to purchase another company. Each merger and acquisition transaction will have unique terms and can vary widely from one another. It is essential to have a valid acquisition agreement that fully represents the terms of your particular deal.

How does the government award contracts?

Basis for contract award The U.S. government considers Best Value proposals with intangibles beyond price and technical rating. They are judged on price as well as capability, capacity, and past performance. The factors are either weighed equally or greater than price.

What is FARs and Dfars?

FAR stands for the Federal Acquisition Regulation. Contracting professionals and vendors are expected to be familiar with the FAR. The DFARS stands for Defense Federal Acquisition Regulation Supplement. This is essentially. the same as the FAR except specifically geared towards Department of Defense contracts.

What is FAR 52?

FAR Part 52 provides instruction on using provisions and clauses in solicitations and contracts, provides those provisions and clauses in full text, and presents a matrix to assist contract writers in selecting clauses applicable to their contracts.

When to order against a multiple award contract?

When ordering against multiple-award contracts, each contractor must be given a fair opportunity to be considered for each order that exceeds $3,000 and a fair notice of intent for each order exceeding the simplified acquisition threshold.

What does GSA mean by multiple award schedule?

Also called multiple award schedule or federal supply schedules. MAS Consolidation is one of the four cornerstone Initiatives of GSA’s Federal Marketplace (FMP) strategy, GSA’s plan to modernize and simplify the buying and selling experience for customers, suppliers, and acquisition professionals.

What is the single schedule solicitation for GSA?

GSA’s new single Schedule solicitation features a simplified format with streamlined terms and conditions, new large categories and sub-categories, and updated Special Item Numbers (SIN) that will make it easier for contractors to offer, and agency partners to buy, products, services, and solutions.