What is the purpose of the Federal Supply Schedule program?

The Federal Supply Schedule program is designed to facilitate the acquisition of a wide range of common commercial supplies and services for federal agencies. Its primary goal is to enable these agencies to procure goods and services at reduced prices, which is achieved through the establishment of long-term government-wide contracts that provide discounts comparable to those available in the commercial marketplace. This program offers a streamlined procurement process, allowing agencies to exercise flexibility in purchasing while benefitting from economies of scale.

While the simplification of contract creation and enhancement of competition are important aspects of the contracting process, the core purpose of the Federal Supply Schedule program centers on the value it provides through reduced pricing for commonly needed supplies and services. Additionally, while training for contracting officers is critical to effective purchasing, it is not a primary function of the Federal Supply Schedule program itself. Instead, that program focuses on the efficient and economical procurement of goods and services that agencies frequently require.