GSA Schedule Compliance is Easier than it Appears
Once you become a GSA Schedule holder, the focus shifts away from getting the contract to keeping your GSA contract in compliance. The risks of non-compliance range from being slapped on the wrist to the assessment of heavy fines and/or contract termination and disbarment.
GSA contract compliance issues can be so difficult to master that it is easy to end up at fault even after giving it your best effort. Fedmarket has a developed a web-based compliance program that ensures that your "i's" are dotted and your "t's" are crossed. The program gives the user a succinct understanding of contract compliance issues and details each of the requirements that collectively make up the whole of "staying in compliance."
Fedmarket's GSA eContractManager manages all aspects of GSA contract compliance including:
- Compliance with restrictions on discounting practices (the biggest risk factor financially)
- Paying the GSA Industrial Funding Fee (IFF) on time
- Making best efforts to subcontract according to your small business subcontracting plan (large businesses only)
- Submitting required reports on time
- Price increase contract modifications
- Price file uploads to GSAAdvantage!
- Option period renewals
- Alerts you via email when a task is coming due
The GSA eContractManager can track multiple schedules, and is updated as changes in GSA Schedule compliance requirements are made.
All you do is enter data taken directly from your firm's GSA contract award letter and the GSA eContractManager calculates the company's compliance schedule based on your input. Detailed instructions follow each of the required tasks. No prior knowledge of GSA Schedule contracts is required to master the GSA eContractManager. Anyone with a computer and internet access can tackle the administrative end of GSA contract compliance requirements.
Call 888-661-4094, Ext. 2 for a demo of the GSA eContractManager.
You worked hard to win your GSA Schedule award. Don't blow it now by overlooking a routine administrative task.
Visit Fedmarket
For inquiries, call 301 652 9504. Press 2.
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