GSA ACQUISITION PROGRAMS ON TRACK TO BREAK RECORDS
With two and a half months left in FY’24, all major GSA IDIQ contracts are on track to exceed their FY’23 use levels. FY’23 itself was a strong year for the use of GSA IDIQ contracts, making the potential record-breaking use for FY’24 even more impressive. Led by the Schedules program and the OASIS and Alliant contracts, GSA’s IDIQ’s should easily exceed $75 billion in business by the end of the fiscal year and may very well exceed $80 billion. Indeed, the Alliant, OASIS, Vets, and StAR’s programs have already exceeded their collective business totals for all of FY’20. These numbers are a strong indicator to contractors of the importance of having robust IDIQ contract vehicles. Agencies increasingly use such contracts year-round, but especially in the 4th quarter when time is short, and a premium is placed on rapid acquisition. Bloomberg Government estimated that the use of all IDIQ contracts accounted for 66% of business in the last quarter of FY’23. Nothing suggests that this number will be lower this year, while actual use could exceed it given the lateness in FY’24 appropriations. In addition to ensuring that all IDIQ contract offerings remain current, contractors should also have a copy of the IDIQ ordering procedures handy to share with any customer who may not know how to use such contracts. FAR 16.504 contains these rules, but a copy is also available from Allen Federal by emailing info@allenfederal.com. Contractors cannot assume that their customers already know these rules, even though IDIQ vehicles are obviously popular. Schedule contracts also allow for contractor teams to bid on task orders that a single contractor may not be able to perform. Make sure, however, that teaming agreements are in writing and that their format is not plucked out of the blue from an internet form. GSA’s IDIQ’s should be an important part of any company’s year-end selling arsenal. Making sure that you and your customers know how to get the most out of them is increasingly important.