Last year, the federal government spent more than $40 billion through the GSA Schedules program. This year it may well spend even more. A GSA Schedule contract is, quite simply, the easiest point-of-entry into government contracting – the most effective way to get your products or services in front of the world's largest buyer of products and services.
A GSA Schedules contract gives you access to more than 260 federal, state and local government buyers who have an easier time buying from you than they do your competition.
If you know that, you've already applied, or you're planning to.
After all, it seems hard to fail once you have that contract in hand. Yet a remarkable number of companies do just that.
That's not just a one-time missed opportunity. It can mean the end of future opportunities as well. The GSA requires schedule-holders to do at least $25,000 worth of business through their contract in the first two years they hold it, and another $25,000 every year thereafter. Fall short of that number, and they may terminate your contract. Full article.