The Federal Supply Schedule, also known as a Multiple Award Schedule, is a listing of contractors who have been awarded contracts by the General Services Administration (GSA).
The program is a simplified process that closely mirrors commercial buying practices by using the purchasing power of the Federal government to obtain volume discounts on commonly used supplies and services. The Federal Supply Schedule is available to all Federal agencies and provides them with a streamlined route to obtaining commercial supplies and services at a pre-negotiated rate.
The Federal Supply Schedule brings many benefits to Federal agencies seeking savings through volume discounts. A streamlined acquisition process saves time and money. The GSA has already predetermined fair and reasonable pricing at the contract level, and its schedules are considered competitive. Subcontracting plans are issued and administered at the competitive level, and there’s no requirement to synopsize. Further, GSA determines contractor responsibility. Federal Supply Schedule orders can be a transition vehicle for AbilityOne Procurement List additions.