In general GSA requires companies applying for a Schedule contract to show a minimum of 2 years’ experience – but GSA also wants to contract with startup IT companies that offer innovative technologies.
GSA’s “Startup Springboard” allows a small IT company with less than two years’ experience to offer alternative documentation:
- Use the professional experience of their executives and key personnel, as a substitute for having two years of corporate experience
- Use the project experience of key personnel, as a substitute for having relevant corporate past performance
- Provide financial documentation that demonstrates the company’s financial responsibility, in lieu of submitting two years of financial statements.
This initiative will make it easier for these companies to get access to over $15 Billion in annual federal, state, and local IT opportunities. In addition, it will establish a pathway for all highly qualified IT companies to join IT Schedule 70 and give more small businesses access to these opportunities.