Everyone is apparently sitting on buyingin until this mess is straightened out and a NR is formally
presented! We sit here and wait IMO!
If the SOE program is a complete loss can we go any lower is my worry?
We have GSA yet and possible PTF sales that would bring in larger margins
but is MRS capable of doiing just that?
Is this what it's come down to? With all the recent hires and new hires needed in virginia
maybe so!
GSA & Other Government Contracting Vehicles
The Company will continue to develop processes to improve its solicitation readiness as a holder of multiple government contracts including three General Services Administration (“GSA”) Schedules (“GSA Schedules”) with a combined procurement value estimated at $2.2 billion annually (based on 2018 figures), an aggregate of $11 billion over the term of the Company’s current GSA Schedules.
The Company recently reported that its newly-implemented processes and procedures have been developed to facilitate the full scope of government contracts held by the Company, including its GSA Schedules. All three of the GSA Schedules held by the Company have recently been renewed on the first of three 5-year option periods following the initial 5-year base. The potential duration of each contract is 20 years, assuming the exercise of all option periods. The Company’s current GSA Schedules include:
| | Schedule 84 | Schedule 78 | Schedule 51V |
| Description | Security, Fire & Law Enforcement | Sports, Promotional, Outdoor, Recreation, Trophies & Signs | Hardware Superstore |
| Recent Renewal | May 31, 2018 | September 27, 2018 | February 1, 2018 |
| Option Period | 1 of 3 | 1 of 3 | 1 of 3 |
| Sales - 2018 | $1.3 Billion | $145 Million | $840 Million |
GSA Overview
The General Services Administration is an independent agency of the United States government established in 1949 to help manage and support the basic functioning of federal agencies. GSA supplies products and communications for U.S. government offices, provides transportation and office space to federal employees, and develops government-wide cost-minimizing policies and other management tasks. GSA Schedule contracts were created to streamline government purchasing of commercial products and services, leveraging the buying power of the United State federal government.
Facilitating a combined value of ~USD $60 billion in procurements annually, GSA Schedules – also referred to as Federal Supply Schedules (“FSS”) and Multiple Award Schedules (“MAS”) – are long-term government-wide contracts with commercial firms providing federal, state, and local government buyers access to more than 11 million commercial products and services at volume discount pricing. GSA Schedule contracts are multiple award, indefinite delivery/indefinite quantity (“IDIQ”) contracts awarded to responsible companies that offer commercial supplies or services at fair and reasonable prices. Products and services are ordered directly from GSA Schedule contractors and deliveries are made directly to the customer.
Schedule 84 is one of most successful and highly sought-after schedules in the GSA MAS program, due in part to its expansive nature. GSA Schedule 84 is designed to function as the government’s premier vehicle for purchases of solutions for law enforcement and security at state, local, and federal levels. Examples of the most prevalent offerings under Schedule 84 include:
- Law Enforcement and Security Training
- Wildland Firefighting
- Marine Craft
- Medical Kits
- Special Purpose Clothing
- Physical Access Control Systems
- Perimeter Security/Detection Systems
- Helicopter Equipment and Products for Search and Rescue
MAS Consolidation
On October 1, 2019, GSA announced a consolidation of the 24 purchasing schedules that comprise the Multiple Award Schedule into a single schedule for products, services, and solutions by the end of FY 2020. A unified schedule will provide consistent terms and conditions to simplify the procurement process for agency buyers and industry sellers. The MAS Transformation initiative is one of four cornerstone projects underpinning GSA’s Federal Marketplace Strategy to modernize and simplify the buying and selling experience for customers, suppliers and acquisition professionals. The GSA announcement – available at https://www.gsa.gov/ – states: The new MAS solicitation is organized by large categories and subcategories. It was developed iteratively and incorporates feedback from customer agencies, the GSA acquisition workforce, and industry, including results from two Requests for Information. Specifically, the consolidated solicitation features a simplified format, streamlined terms and conditions, and new categories and Special Item Numbers. This new format will make it easier for contractors to offer products, services, and solutions, and for agency partners to find them.