GSA GSA Specialist Schedule Management

Question 1

What is the primary purpose of the GSA Multiple Award Schedule (MAS) program?

Accepted Answer

To provide a streamlined purchasing vehicle for federal agencies to buy commercial products and services

Answer

To manage federal employee travel arrangements

Answer

To oversee federal building construction projects

Answer

To administer federal grant programs

Question 2

How long is the base period for a GSA Multiple Award Schedule contract?

Accepted Answer

5 years

Answer

1 year

Answer

3 years

Answer

10 years

Question 3

Which clause requires GSA Schedule vendors to offer the government pricing that is equal to or better than their Most Favored Customer (MFC)?

Accepted Answer

Price Reductions Clause

Answer

Trade Agreements Act Clause

Answer

Buy American Act Clause

Answer

Small Business Subcontracting Clause

Question 4

What is the GSA Advantage! platform used for?

Accepted Answer

Allowing agencies to browse and purchase from GSA Schedule contracts online

Answer

Processing federal employee payroll

Answer

Managing federal real estate leases

Answer

Tracking federal grant disbursements

Question 5

What is the threshold below which agencies may use the simplified ordering procedures for GSA Schedule purchases?

Accepted Answer

$25,000

Answer

$2,500

Answer

$10,000

Answer

$150,000

Question 6

Which document published by GSA contains the terms and conditions applicable to all GSA Multiple Award Schedule contracts?

Accepted Answer

General Services Administration Acquisition Manual (GSAM)

Answer

Federal Acquisition Regulation (FAR)

Answer

Master Solicitation (GSA Form 7800)

Answer

Office of Management and Budget Circular A-76