GSA Will Drop More Than 8,000 Product Contracts

Law360, Washington (June 8, 2012, 5:37 PM EDT) -- The federal government plans to phase out more than 8,000 long-term contracts for products that are not viewed as mission-critical, such as typewriters, trophies and photographic equipment, the U.S. General Services Administration announced Thursday, switching to a demand-based model for those supplies instead.

Under the changes, the administration’s Multiple Award Schedules contracting program would cease hiring suppliers to contract for services and equipment for which the government sees little demand, an initiative officials said could save $24 million annually.

“By stopping the proliferation of low-performance contracts...
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