What is the Industrial Funding Fee (IFF)?

What is the Industrial Funding Fee (IFF)?

It is important for GSA Schedule holders to understand the Industrial Funding Fee (IFF). As a self-funding agency, the IFF allows GSA to collect revenue with every product/service sold through a GSA contract. It is imperative that contractors fulfill their obligations and remain compliant by reporting sales and paying this IFF.

What is TXMAS and the TXMAS Extension?

What is TXMAS and the TXMAS Extension?

TXMAS stands for Texas Multiple Award Schedule and is a program that is used to supplement the Statewide Procurement Division (SPD) term contracts. The TXMAS program uses existing competitively awarded government contracts, primarily the GSA schedule, to service the...

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