IT Schedule 70 is an Indefinite Delivery Indefinite Quantity (IDIQ) Multiple Award Schedule (MAS) contract. It is an IT procurement vehicle that offers a comprehensive array of state-of-the-art IT products, services, and solutions.
The efficiencies associated with purchasing information technology via the pre-existing, pre-competed GSA IT Schedule 70 save both time and money for government customers. To confirm these benefits, GSA is examining the time it takes a government entity to award its own full and open contract, using products and services readily available from GSA. After a review of over 700 contracts, findings indicate that large-value IT contracts take 25 months to complete on average. This timeframe is well over the average of IT Schedule 70 contacts. Further, in 77 percent of the 700 contracts examined, contract awards were ultimately made to vendors that already hold existing IT contracts.
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