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The General Services Administration, formed in 1949, in the agency's own words, "leverages the buying power of the federal government to acquire best value for taxpayers and our federal customers. We exercise responsible asset management. We deliver superior workplaces, quality acquisition services, and expert business solutions. We develop innovative and effective management policies."

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Is the quarterly GSA IFF fee an unallowable expense or an allowable expense?

The quarterly GSA IFF (Industrial Funding Fee) is generally considered an allowable expense for federal contractors. This fee is part of the costs associated with doing business under GSA contracts and is typically reimbursable to the contractor. However, it is essential for contractors to ensure that they comply with the specific terms of their contract and applicable federal regulations regarding cost allowability. Always consult the relevant guidelines or legal counsel for specific situations.


Is the quarterly GSA IFF fee an unallowable expense --or an allowable expense?

The quarterly GSA IFF (Industrial Funding Fee) is generally considered an allowable expense for federal contractors. This fee is typically included in the overhead costs that can be allocated to government contracts. However, contractors must ensure that they comply with the specific terms of their contracts and applicable regulations, as there may be exceptions based on contract stipulations. Always consult with a financial advisor or compliance expert for guidance specific to your situation.


Account holders should be receiving a tax exemption for all purchases made using their GSA SmartPay Purchase Accounts (CBA).?

Account holders using GSA SmartPay Purchase Accounts (CBA) should indeed receive a tax exemption for all eligible purchases, as these accounts are intended for government business expenses. However, it's essential for account holders to provide the appropriate documentation and ensure that the vendors recognize the tax-exempt status. This typically includes presenting a tax-exempt certificate at the time of purchase. Failure to comply with these requirements may result in being charged sales tax.


Related Questions

Where can one obtain GSA contracts?

GSA contracts can be found at GSA Federal Contracts which offer a listing as well as ways to get the best deal on a GSA contract or at Get Started Up.


When was GSA Sports F.C. created?

GSA Sports F.C. was created in 1992.


How do you join GSA on plazma burst?

You can just put the highest GSA rank on your profile page....


Where is it possible to learn about GSA auctions?

It is possible to learn about GSA auctions in a few websites. They would include the official website, GSA and About. One can email the company at the official website.


Who buys from GSA contracts?

General Service Administration (GSA) Multiple Award Schedule (MAS) contracts (aka GSA Contracts or GSA Schedules) are open to all federal agencies plus some state and local agencies. Check gsa.gov for more information. You can also go to gsaadvantage.gov and see what products are available on GSA contracts.


How can armed forces mcss jbuec claim to be a GSA contractor when the owner is a criminal and a con man?

The GSA is corrupt and does not care that criminals are using the GSA contractor system to run scams.


Who can shop military stores?

Service members and their dependents, DOD/GSA civilians, DOD/GSA contractors.


Gsa smartpay 2 has a contract with 3 banks which bank does not have a contract for gsa smartpay 2?

Suntrust bank


What products can be purchased through GSA Advantage?

GSA Advantage provides IT products. IT products can be purchased through GSA Advantage. These are the only products they sell at this time, however maybe they will add to their inventory in the future.


How do you apply for gsa?

If you're talking GSA Schedule or GSA Contract, the following would apply: To get a GSA Contract (aka GSA Schedule, GSA MAS, GSA FSS), you prepare a proposal in response to one of GSA's solicitations. So it is not an application process, it is a proposal process. Therefore, the direct answer to your question is that you submit an acceptable GSA contract proposal in response to one of GSA's Multiple Award Schedule (MAS) Solicitations. There is also some good training provided by GSA at their Vendor Support Center. Preparing an acceptable proposal can be a difficult undertaking for those companies which have not responded to many federal proposals in the past. There are many components to the proposal and sometimes the instructions provided in the solicitation are not concise nor located in one place. There are some books which can help you at amazon.com and lulu.com; however, many of those books provide more GSA contracting theory than proposal preparation assistance. I know of at least one which provides six direct steps to a gsa proposal, but suggest you review all the possibilities. Additionally, there are a multitude of companies which help businesses prepare acceptable GSA proposals. The pricing for a completely written proposal ranges from a couple of thousand dollars to well over ten thousand dollars. You can also find consulting, webinars and training modules which are offered by some of these companies. The proposal writing process can take up to 100-200 man hours, and GSA takes about 120 days to process proposals.


What is the difference between GSA orders and IA orders?

GSA is when you PCS and IA means you return back to the same command you left from.


Where can one view GSA per diem rates?

GSA per diem rates are available directly on the GSA website. The appropriate page can be found in the "per diem" section within "travel and relocation policy" within "policy & regulations."