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You are here: Home / Government Contracting News / GAO: Agencies should be seeking deeper discounts on FSS contracts

August 19, 2015 By AMK

GAO: Agencies should be seeking deeper discounts on FSS contracts

Agencies aren’t consistently seeking discounts when procuring goods and services off the Federal Supply Schedules, says a Government Accountability Office report released Aug. 10.

GSA Schedule Contract logoThe Federal Supply Schedules, or FSS, program allows agencies to buy commercial products and services from a list of approved vendors at discounted prices.

According to the General Services Administration, agencies placed more than $33 billion worth of orders through the FSS program in fiscal year 2014. The FSS portion of total federal contract spending represents about 6 percent of contract spending governmentwide, the report says.

That said, agencies should be pushing for discounts even further than those provided by the base FSS prices, GAO says.

Keep reading this article at: http://www.fiercegovernment.com/story/gao-agencies-should-be-seeking-deeper-discounts-fss-contracts/2015-08-13

Filed Under: Government Contracting News Tagged With: discount, FSS, GAO, GSA, GSA Schedule, GSA Schedules, price reduction, pricing

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