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You are here: Home / Government Contracting News / How GSA plans to capture $6 billion in under-the-radar spending

October 23, 2019 By cs

How GSA plans to capture $6 billion in under-the-radar spending

The General Services Administration (GSA) plans to see if micro-purchasing innovation makes a big difference in agency acquisition.

Each year, federal agencies spend billions of dollars collectively making purchases using their federal government purchase cards or other micro-purchase methods, which receive little notice on a governmentwide scale when compared with higher-value contracts.

GSA is currently looking for a way to change that, by offering an e-marketplace platform that not only allows agencies to more easily search for and make those smaller-cost purchases, but also gives GSA and user agencies better data about how their spending stacks up.

At the beginning of October, GSA released its request for proposals for a proof-of-concept of the program, which will kick off a three-year maximum test to see whether a government-organized e-marketplace is more valuable than agencies simply making these purchases on their own, as they do now.

Keep reading this article at: https://www.federaltimes.com/acquisition/2019/10/18/how-gsa-plans-to-capture-6b-in-under-the-radar-spending/

Filed Under: Government Contracting News Tagged With: e-marketplace, GSA, micro purchase, micropurchase, micropurchasing, Pcard, purchase card

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