Implement a GSA Compliance System

• Date: December 16, 2009
• Source: www.fedmarket.com

All companies that have been awarded a GSA Schedule Contract need to implement a GSA Compliance System. GSA Schedule Contract stipulates the price offered to government and also poses restriction on price offered to customers buying outside the GSA Schedule Contract. It serves as a guidance for organizations to meet the reporting and governance requirements to comply with the terms of the contract. The companies are expected to be transparent in terms of all sales activities under the contract and maintain active registration with all government systems. GSA compliance can be established by designating clear lines of authority and accountability and measure performance against a specific standard.