Multi Vendor Contracts: Becoming the Rule
In previous newsletters, we described how multi-vendor contracts (IDIQ contracts) are becoming the rule rather than the exception in federal contracting. Federal purchasing officials are now using IDIQ contracts to procure virtually all types of products and services. IDIQ contracts are especially prevalent in the following sectors.
| Sector | Estimated Annual Contract Dollars |
|---|---|
|
Information Technology |
$30 billion |
|
Construction |
$20 billion |
|
Architectural & Engineering |
$3 billion |
|
Facilities Maintenance |
$5 billion |
|
Products and Service on GSA Schedules |
$20 billion |
Many don't know that GSA Schedule contacts are always open for bid. Moreover, they are by far the easiest way for a small business to obtain an IDIQ which, in turn, allows them to play in the multi-vendor market.
Find out how to win IDIQ contracts: 2-Day Executive Session on Winning Federal Contracts
Learn the fundamentals of federal contracting by attending Fedmarket's 12 one-hour segments given by experts from the legal and federal contracting community.
GSA Schedules: GSA eProposal
Complete the paperwork needed to apply for a GSA Schedule contract for only $1,900!
.
Visit Fedmarket
For inquiries, call 301 652 9504. Press 2.
This article has been viewed: 1949 times
Rate This Article
Be the first to rate this article

Print Article
Download Article
Email Article