Tuesday, March 3, 2009

How the Government Simulus Package Impacts GSA IT Contract Holders

President Obama passed the $787 billion dollar economic stimulus package into law on February 17, 2009. This bill earmarks over $100 billion dollars in Information Technology initiatives alone. This amount of money is more than the entire Federal Government spent in all of fiscal year 2008 on IT products and services. One key area of focus on the stimulus package is updating the federal government’s digital infrastructure. This new administration is very tech-savvy and plans to upgrade many of the processes the Federal Agencies utilize to do business with one another as well as with the taxpayers they support. GSA schedules are constantly changing and new Special Item Numbers are added to meet more specific categorization.

Has your company positioned itself to profit from this landmark legislation?

Many GSA contract holders that stay ahead of the curve with new product offerings could be the biggest beneficiaries of this new wave of funding. The best way to benefit from the various programs that will be funded is to have all of your available products and services on your GSA contract. Even having all of your products and services on Schedule will not make you competitive if you have not kept your pricing current and in tune with the current market conditions. In January, GSA sent out emails to all contract holders who have not updated their GSA Advantage! catalogs in over two years. GSA will remove these outdated catalogs (within 90 days) if the contracts holders do not update them or verify that there has been no changes in their product or service offerings in the last two years.

Make the most out of this historic time in federal spending.

By Rob Polland, The JDS Marketing Group www.JDSMarketing.com