The General Services Administration (GSA) Federal Acquisition Services (FAS) is releasing a Refresh #14 to Solicitation 47QSMD20R0001. This refresh temporarily closes the Core Financial Management Solutions (Core FS) Subgroup of SIN 518210FM to new offers and modifications, however contractors will have alternative to continue to submit. After the review, the Subgroup will reopen.
Financial Management Quality Service Management Office (FM QSMO) is an initiative created to help achieve the US Treasury modernize the financial systems in various agencies. They have teamed with GSA to establish a new Special Item Number 518218FM on the GSA Schedule.
The Common Catalog Platform, or CCP, is a new web-based application developed by GSA to improve vendors’ experience, improve efficiency and address accessibility issues. GSA will release CCP as a pilot to Office Supplies 4th generation (OS4) contractors in 2023. With the updates to the modification process, GSA hopes the catalog becomes an integrated part of the modification process.
GSA Schedule contract holders will have another solicitation refresh applied to all MAS contracts at the end of this month. Effective 30 June 2022, refresh #13 is another unilateral update to the Multiple Award Schedule (MAS) solicitation.
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.
Young companies with a drive to operate in the federal space can now pursue a GSA Schedule contract. GSA has opened the opportunity for small businesses with less than two years of experience to obtain their Multiple Award Schedule (MAS) contract. The GSA schedule is the most popular Government-wide contracting vehicle in the public space and Coley has over 20 years’ experience helping companies obtain and maintain their GSA Schedules.