Blanket Purchase Agreements are federal purchasing vehicles designed to simplify and expedite the recurring purchases that agencies must make. After signing, the BPA will set conditions for all future contracts in the calendar. (i) orders placed below or below the micro-purchase purchase threshold. The ordering activity may place orders with or below the micro-purchase threshold with any BPA holder who is able to meet the Agency`s requirements. The ordering business should endeavour to distribute these orders among EPS holders. (ii) markets that exceed the micro-purchase acquisition threshold, but do not exceed the simplified acquisition threshold. One of the main differences between BPAs and Schedule BPAs is that these global framework contracts are subject to the simplified acquisition threshold. In other words, no agency can use “traditional” BPAs to purchase products or services beyond the SAT limit. However, if the BPA is fixed on a scheduled contract, the SAT will no longer be a problem. Of course, all other benefits of pursuing GSA calendars also apply to Schedule BPAs. (ii) description of the acquired supply or service; A GSA BPA calendar is an agreement reached by a state purchaser with a Schedule contractor to meet the repetitive needs of supplies or services (FAR 8.405-3). BPAs allow the contractor and buyer to meet recurring needs taking into account the specific requirements of the customer, while the buyer`s full purchasing power is used by using quantity discounts, saving administrative time and reducing red tape. BPAs are assets: with less administrative burden and minimal paper load related to contracting, you can count on faster turnover and constant cash flow.
Which is always great for any dynamically growing company. The implementation of EPS-BPA can be implemented with: (1) more than one supplier of similar supplies or services, in order to ensure maximum and feasible competition; (2) a single business in which a large number of individual purchases are likely to be made over a period of time, occasionally or below the simplified acquisition threshold; or (3) GSA Federal Supply Schedule supplier (for more information, see a future it series article).