GSA and the vendor work together to keep a Schedule contract up-to-date through contract modifications. Contract modification requests are submitted:
- To incorporate changes in GSA terms and conditions (initiated by GSA), usually to the benefit of the vendor
- To add or delete products and services
- To increase or decrease prices (increases are limited by the contract)
- To deal with other proposed legal changes initiated by either party.
Think of a contract modification as a "mini offer." A modification usually requires 5 to10 pages of text versus 150 pages for the original offer, and includes the following essential elements:
- Description of what you want to modify
- Commercial Sales Practice Format for the items being modified
- Commercial price list
- GSA price offer
- Price justification
Contract modifications usually take 30 to 45 days, although they occasionally go through faster. The relative ease of the GSA Schedule contract modification process is one of the big advantages of having a Schedule contract.