The General Services Administration (GSA) recently announced its
intention to further promote the consolidation of professional
services contracts by encouraging agencies to transition from
expiring, one-off contracts to multiple-award contracting vehicles.
The announcement comes on the heels of GSA's October 1, 2015
announcement that it would be consolidating eight separate
schedules into a new Professional Services Schedule (PSS) that will
allow federal government agencies to use one contracting vehicle to
fulfill a host of professional services requirements. For
more information on the PSS, read our blog post at
With many professional services contracts set to expire in
Fiscal Year 2016, GSA is actively encouraging agencies to
re-compete the contracts using existing agency indefinite delivery
indefinite quantity contracts (IDIQ), GSA schedule contracts, such
as the PSS, or GSA's OASIS contracting vehicle, an IDIQ
contract meant for professional services.
GSA already has persuaded three agencies – the Army, the
Air Force, and the Department of Homeland Security (DHS) – to
abandon one-off contracting in favor of multiple-award vehicles.
Specifically, the GSA has offered each of the three agencies
significant discounts in exchange for commitments to use GSA's
OASIS vehicle. Agencies seeking to use OASIS intermittently
typically pay a 0.75 percent fee for each dollar transacted through
OASIS; the Army and Air Force negotiated a 0.1 percent fee.
DHS, given its smaller contracting commitment, negotiated a 0.25
percent rate. GSA also pledged support resources to assist
each agency with its professional services contracting needs.
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
The Committee on Foreign Investment in the United States (CFIUS, commonly pronounced "syphius") reviews M&A transactions that may pose a risk to national security through foreign control of a US business.
On February 24, 2017, US President Donald Trump issued an executive order on regulatory reform, directing federal agencies to take steps to strengthen their implementation of various executive orders...
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).