GSA Springboard

Companies pursuing a GSA contract need to have a minimum of two years of corporate experience before they apply... unless you utilize the Springboard program.  Hop in to the episode to learn more about how your new company can work around this barrier to entry.

As always if you have any questions, or if you’d like direct support from a GSA consultant to help with a specific project please feel free to reach out to us at podcast@elevategsa.com

Episode Notes:

For more episodes: www.elevategsa.com/podcast

Helpful Links:

If you would like to see this program outlined by GSA, that is available here: https://www.gsa.gov/buy-through-us/purchasing-programs/multiple-award-schedule/help-with-mas-contracts-to-sell-to-government/roadmap-to-get-a-mas-contract/startup-springboard  

Transcript

Welcome to GSA 101 brought to you by Elevate GSA: where we turn GOVSPEAK into a language YOU speak.  My name is Hannah Struss and I have Collin Hartsell here with me and we are going to be talking about GSA’s Springboard Program.

If you are a company with less than 2 years of corporate experience, but think you are ready to plunge into the world of GSA- there is a way! When uploading your proposal documents into eOffer, you will be prompted with a question that states: “Do you have less than two years of Corporate Experience?” Go ahead and select “yes” and this will opt you into the Springboard program. 

However, you must also provide demonstration of financial responsibility, which can be fulfilled through one of the following:

• Bank references
• Certificate of Competency from the Small Business Administration
• Corporate guarantee — available for subsidiary companies
• Documents showing assets versus liabilities
• Evidence of a line of credit with a bank or the Small Business Administration
• Evidence of an irrevocable letter of credit
• Financial data that demonstrates financial capability
• Interim or comprehensive financial statements
• Signed AngelList investors
• Signed venture capital agreements
• You will also need to provide Information demonstrating ability to manage a company and provide the products and services described under the contract, such as:
   
  • Relevant corporate experience of key personnel. Proposed and accepted key personnel are expected to remain dedicated to the contract. The resumes of the initially proposed key personnel will become the minimum requirement for qualifications for the rest of the total contract term.
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  • If the originally proposed key personnel change, the contractor must substitute personnel with equal ability and qualifications, along with updated resumes. Such a change will require approval from the contracting officer.
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All of your other proposal documentation will remain consistent with the requirements listed in the solicitation for all MAS offers and this program can be applied for any large category within GSA.

As always if you have any questions of if you’d like direct support with your contract please feel free to reach out at podcast@elevategsa.com.

Thanks for listening!