The GSA SmartPay2 Master Contract is a fixed price, indefinite delivery/indefinite quantity (ID/IQ) type contract. It has a three-year base period (November 2008 to November 2011) with one four-year option & one three-year option (ending November 29, 2018). The base year period began on November 30, 2008.
To use the contract, agencies/organizations can:
- Place task order with selected banks based on identified needs and best value
- Pool with other agencies/organizations, or
- Tag-along with other agencies/organizations