GSA Schedule Minimum Requirements
In order to qualify for a GSA Schedule Contract your company must meet the following minimum qualifications:
- Minimum of two years in business under the same DUNS number (company name may have been changed, but the company must be the same commercial entity)
- Previous experience (typically at least three separate contracts/sales) providing the products or services you want to offer on the GSA Schedule (this includes providing a sales history, i.e. invoices)
- Information that demonstrates financial stability (typically Balance Sheets and Income Statements for the previous two years, negative income on financial reports requires an explanation to the GSA)
- Must not currently be debarred from Federal Contracting
- Any products offered on the GSA Schedule must be Trade Agreement Act compliant (click for Trade Agreement Act compliant countries list). Components of a finished product offered on the GSA Schedule do not need to come from TAA compliant countries. However, the final product must be assembled, or in some way substantially altered to enhance the actual value of the product in a TAA compliant country.
- If you are not the manufacturer of the product(s), a Letter of Supply (click for sample Letter of Supply template) must be obtained from the manufacturer or distributor. This letter demonstrates to the GSA that the manufacturer or supplier has knowledge of your GSA Schedule Contract and is willing to be a source of supply for that contract.