GSA Launches Accelerated Contracting Process for Startups

1 min read

The General Services Administration has launched the pilot program for a new service that aims to refine and accelerate the contracting process for startup companies’ and federal market entrants’ commercial offerings.

The agency said Wednesday the Commercial Solutions Opening procedure provides new firms with fast-track vendor selection timelines and simplified contract terms, as well as an option for commercial vendors to secure their intellectual property.

CSO can be used along with an other transaction authority or non-federal acquisition regulation conforming contract to establish an agreement.

GSA will operate the service and support other agency procurements under the Assisted Acquisition Service.

The CSO pilot program will end on Sept. 30, 2022.

The agency has also unveiled the Procurement Innovation Resource Center, which will support the adoption of the accelerated contracting procedure, as well as promote tools and resources that encourage the use of unique contracts for modern offerings.

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