Everything You Need To Know About GSA Schedule Rates
The General Services Administration (GSA) Schedule is a program that allows vendors to sell products and services to the U.S. government. Under the GSA Schedule program, the government has negotiated discounted rates with the vendors, which is why it’s known as the GSA Schedule Rates. GSA schedule rates are the rates that the government pays for products and services purchased through the GSA Schedule program. The GSA Schedule program was created to make it easier for the government to purchase products and services from vendors. Vendors who participate in the program are required to submit detailed information about their products and services, as well as their GSA Schedule Rates . This information is used by the government to determine whether the rates they are being charged are fair and reasonable. The GSA Schedule Rates are based on the vendor’s cost of providing the product or service, as well as a mark-up for overhead and profit. GSA Schedule Rates are typically lower than wh...