A blanket purchase agreement (BPA) is a simplified acquisition method that government agencies use to fill anticipated repetitive needs for supplies or services. Essentially, BPAs are like "charge accounts" set up with trusted suppliers. BPAs can:
Provide opportunities to negotiate improved discounts
Satisfy recurring requirements
Reduce administrative costs by eliminating repetitive acquisition efforts
Permit ordering activities to leverage buying power through volume purchasing
Permit ordering activities to incorporate Contractor Team Arrangements (CTAs)
Reduce procurement lead time
Permit ordering activities the ability to incorporate terms and conditions not in conflict with the underlying contract.
should my company get a BPA?
Generally speaking, BPAs are not something a company just decides to get; agencies establish them with companies after some extended interaction with one another. They are frequently spawned from other sources -- notably MAS contracts -- and allow for a consistent, repetitive source of a certain product or service (typically product).
There are select BPAs that are more government-wide that are a bit more well known (some that are even a little notorious). As BPAs tend to garner priority over other agreements, they can be very potent for businesses, and it can be viable to align your company with businesses who hold them.
need further help?
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