On September 2, 2015, the General Services Administration (GSA) issued a Request for Information (RFI) to determine whether certain requirements for the Federal Acquisition Service’s Information Technology (IT) Schedule 70 are unnecessarily preventing responsible and capable suppliers from performing work for the government. Specifically, the GSA is reviewing the current two-year minimum corporate experience requirement for IT Schedule 70 contract holders, which has proven to be a barrier to entry to the federal marketplace for small and emerging IT companies, and has drafted proposed revisions to increase access to contracting opportunities.
The proposed revisions would allow potential IT contractors without two years of corporate experience to substitute relevant projects of predecessor companies or key personnel that will be performing major aspects of the work. Additionally, the revisions would allow potential contractors that have not been in business for two years to prove their financial responsibility through alternative documentation, such as income statements, venture capital agreements, or irrevocable lines of credit. The GSA is seeking feedback from contractors regarding the proposed changes to the experience requirement. Responses must be provided no later than Friday, September 18, 2015, at 4:00 p.m. EST.