…does this 125k value represent the maximum value of the schedule contract, the maximum size of
solicitation we can bid on, or the minimum we must sell in order to keep the contract intact, or
something completely different.
ANSWER
$125,000 represents the minimum sales that the GSA would consider acceptable over a 5 year base
period. The GSA would hope for, and expect, more. Products are evaluated as to their likelihood
of attaining or surpassing minimums as a feature of their approval. The reason for a minimum
expectation is that a high sales volume indicates that the GSA has selected relevant products for
their client agencies (i.e. products of demonstrated appeal/usefulness). There is no maximum
amount of sales volume, i.e. no limit. --------------------------------------------------------------------------------
Sep 20th blog: Government Procurement: Canada
Quote: -------------------------------------------------------------------------------- Milestone achieved by our team Sherry and Marty Doherty. We are now formally registered with
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