A Blanket Purchase Agreement (BPA) is a simplified acquisition method that establishes accounts with qualified vendors to
satisfy recurring needs. BPAs set terms and pricing but do not obligate funds until calls or orders are placed. They reduce
administrative burden for frequently purchased items and services. In the GSA context, BPAs under Multiple Award Schedules can
drive additional discounts and streamline ordering. Vendors benefit from predictable demand and closer customer relationships,
but must maintain performance and pricing competitiveness to win calls.
- Procurement & RFP Basics
BPA (Blanket Purchase Agreement)
A simplified method to fill recurring needs by establishing charge accounts with qualified sources.
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Related Glossary Terms
A simplified method to fill recurring needs by establishing charge accounts with qualified sources.
Pre-negotiated contract program enabling agencies to buy commercial products and services quickly.
A contract that provides for an indefinite quantity of supplies or services during a fixed period.