Riding Someone's Schedule
To satisfy complex agency needs with a minimum of effort, federal buyers often seek "complete solutions" through a single purchase, rather than multiple buys. Because most companies can't do everything, they have to team up with other companies to satisfy such demands.
Teaming arrangements vary. Two or more Schedule contractors can seek Schedule work as a team. In such cases, each participating team member pays their share of the Industrial Funding Fee, and the teaming arrangement, including which company will serve as the team leader or prime contractor, is detailed in the contract. Alternatively, two or more companies form a partnership or joint venture to act as a potential prime contractor. A GSA Schedule holder could also bring in non-Schedule holders as subcontractors-this is commonly referred to as "riding someone's Schedule."
What are the potential benefits of teaming from the vendor's perspective? GSA
lists the following pluses of a team agreement:
This article has been viewed: 6567 times