Browse Definitions:
Definition

GSA IT Schedule 70

IT Schedule 70 is a long-term contract issued by the U.S. General Services Administration (GSA) to a commercial technology vendor.  Award of a Schedule contract signifies that the GSA has determined that the vendor's pricing is fair and reasonable and the vendor is in compliance with all applicable laws and regulations. 

Purchasing from pre- approved vendors allows agencies to cut through red tape and receive goods and services faster. A vendor doesn't need to win a GSA Schedule contract in order to do business with U.S. government agencies, but having a Schedule contract can cut down on administrative costs, both for the vendor and for the agency. Federal agencies typically submit requests to three vendors on a Schedule and choose the vendor that offers the best value.

Vendors must undergo a rigorous application process, including the negotiation of fair and reasonable prices, to win a GSA Schedule contract. IT Schedule 70 is one of 62 GSA Schedules under which a vendor can apply for a contract. It is the GSA's largest Schedule. Contracts can be renewed three times, which means the vendor could potentially have a 20-year contract. According to Fedmarket.com, large federal contractors can have GSA Schedule sales exceeding $100 million annually. 

 

Learn more:

GSA Advantage  a comprehensive selection of approved products and services from GSA Schedule 70 contracts.

The GSA has more information on GSA Schedules and the application process.

10 tips to cracking GSA's Top 100

The General Services Administration explains how to apply for a Schedule 70 contract.

 

 

 

IT Schedule 70 is a long-term contract issued by the U.S. General Services Administration (GSA) to a commercial technology vendor.  Award of a Schedule contract signifies that the GSA has determined that the vendor's pricing is fair and reasonable and the vendor is in compliance with all applicable laws and regulations. 

Purchasing from pre- approved vendors allows agencies to cut through red tape and receive goods and services faster. A vendor doesn't need to win a GSA Schedule contract in order to do business with U.S. government agencies, but having a Schedule contract can cut down on administrative costs, both for the vendor and for the agency. Federal agencies typically submit requests to three vendors on a Schedule and choose the vendor that offers the best value.

Vendors must undergo a rigorous application process, including the negotiation of fair and reasonable prices, to win a GSA Schedule contract. IT Schedule 70 is one of 62 GSA Schedules under which a vendor can apply for a contract. It is the GSA's largest Schedule. Contracts can be renewed three times, which means the vendor could potentially have a 20-year contract. According to Fedmarket.com, large federal contractors can have GSA Schedule sales exceeding $100 million annually. 

This was last updated in May 2010

Start the conversation

Send me notifications when other members comment.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

Powered by:

SearchCompliance

SearchSecurity

  • black hat

    Black hat refers to a hacker who breaks into a computer system or network with malicious intent.

  • copyright

    Copyright is a legal term describing ownership of control of the rights to the use and distribution of certain works of creative ...

  • keylogger (keystroke logger or system monitor)

    A keylogger, sometimes called a keystroke logger or system monitor, is a type of surveillance technology used to monitor and ...

SearchHealthIT

  • population health management (PHM)

    Population health management (PHM) is a discipline within the healthcare industry that studies and facilitates care delivery ...

  • ICD-10-PCS

    The International Classification of Diseases, 10th Revision, Procedure Coding System (ICD-10-PCS) is a U.S. cataloging system for...

  • U.S. National Library of Medicine (NLM)

    The U.S. National Library of Medicine (NLM) is the largest biomedical library in the world.

SearchDisasterRecovery

  • business continuity plan (BCP)

    A business continuity plan (BCP) is a document that consists of the critical information an organization needs to continue ...

  • call tree

    A call tree -- sometimes referred to as a phone tree -- is a telecommunications chain for notifying specific individuals of an ...

  • mass notification system (MNS)

    A mass notification system is a platform that sends one-way messages to inform employees and the public of an emergency.

SearchStorage

  • hybrid hard drive (HHD)

    A hybrid hard drive (HHD), sometimes known as a solid-state hybrid drive (SSHD), is a mass storage device that combines a ...

  • USB flash drive

    A USB flash drive -- also known as a stick, thumb or pen drive -- is a plug-and-play portable storage device that uses flash ...

  • open source storage

    Open source storage is data storage software developed in a public, collaborative manner that permits the free use, distribution ...

SearchSolidStateStorage

  • RRAM or ReRAM (resistive RAM)

    RRAM or ReRAM (resistive random access memory) is a form of nonvolatile storage that operates by changing the resistance of a ...

  • JEDEC

    JEDEC is a global industry group that develops open standards for microelectronics.

  • M.2 SSD

    An M.2 SSD is a solid-state drive (SSD) that conforms to a computer industry specification written for internally mounted storage...

SearchCloudStorage

  • RESTful API

    A RESTful application program interface breaks down a transaction to create a series of small modules, each of which addresses an...

  • cloud storage infrastructure

    Cloud storage infrastructure is the hardware and software framework that supports the computing requirements of a private or ...

  • Zadara VPSA and ZIOS

    Zadara Storage provides block, file or object storage with varying levels of compute and capacity through its ZIOS and VPSA ...

Close