GSA GSA Specialist Schedule Management 1 — Questions and Answers
Question 1: What is the primary purpose of the GSA Multiple Award Schedule (MAS) program?
- To provide a streamlined purchasing vehicle for federal agencies to buy commercial products and services (Correct answer)
- To manage federal employee travel arrangements
- To oversee federal building construction projects
- To administer federal grant programs
Correct answer: To provide a streamlined purchasing vehicle for federal agencies to buy commercial products and services
The GSA MAS program provides pre-negotiated contracts that give federal agencies a streamlined path to purchase commercial products and services at fair and reasonable prices.
Question 2: How long is the base period for a GSA Multiple Award Schedule contract?
- 1 year
- 3 years
- 5 years (Correct answer)
- 10 years
Correct answer: 5 years
GSA MAS contracts have a base period of 5 years, with options for up to three additional 5-year periods, for a potential total of 20 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)?
- Price Reductions Clause (Correct answer)
- Trade Agreements Act Clause
- Buy American Act Clause
- Small Business Subcontracting Clause
Correct answer: Price Reductions Clause
The Price Reductions Clause (PRC) requires Schedule vendors to notify GSA and reduce pricing if they lower prices for their Most Favored Customer.
Question 4: What is the GSA Advantage! platform used for?
- Processing federal employee payroll
- Allowing agencies to browse and purchase from GSA Schedule contracts online (Correct answer)
- Managing federal real estate leases
- Tracking federal grant disbursements
Correct answer: Allowing agencies to browse and purchase from GSA Schedule contracts online
GSA Advantage! is an online shopping and ordering system that allows authorized federal buyers to search, compare, and purchase products and services from GSA Schedule contracts.
Question 5: What is the threshold below which agencies may use the simplified ordering procedures for GSA Schedule purchases?
- $2,500
- $10,000
- $25,000 (Correct answer)
- $150,000
Correct answer: $25,000
For Schedule orders at or below the micro-purchase threshold adjustments, simplified procedures apply, but for orders under the simplified acquisition threshold of $25,000, agencies can order directly without seeking additional quotes.
Question 6: Which document published by GSA contains the terms and conditions applicable to all GSA Multiple Award Schedule contracts?
- Federal Acquisition Regulation (FAR)
- Master Solicitation (GSA Form 7800)
- General Services Administration Acquisition Manual (GSAM) (Correct answer)
- Office of Management and Budget Circular A-76
Correct answer: General Services Administration Acquisition Manual (GSAM)
The General Services Administration Acquisition Manual (GSAM) contains GSA's acquisition policies, procedures, and supplemental regulations that govern MAS and other GSA contracts.
GSA GSA Specialist Schedule Management 1
What is the primary purpose of the GSA Multiple Award Schedule (MAS) program?