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GSA Contract start with a five-year term and have three five-year option periods. So it is potentially a 20-year contract with the worlds largest client. A GSA contract is also a government-wide contract, which means you can sell to any Federal agency.
GSA, the nations largest public real estate organization, provides workspace for over one million federal workers. These employees, along with government property, are housed in space owned by the federal government and in leased properties including buildings, land, antenna sites, etc.
General Services Administration (GSA)
Simplified lease acquisition threshold means the simplified acquisition threshold (see FAR 2.101), when applied to the average annual amount of rent for the term of the lease, including option periods and excluding the cost of services.
The GSA Schedule, also known as Federal Supply Schedule, and Multiple Award Schedule (MAS), is a long-term governmentwide contract with commercial companies that provide access to millions of commercial products and services at fair and reasonable prices to the government.
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TO BE ISSUED BY THE LCO TO THE LEASE ADMINISTRATION MANAGER (LAM) COR AND ACOR IMMEDIATELY FOLLOWING LEASE AWARD OR CHANGE IN LEASE COR ASSIGNMENT.
Once you receive your GSA Schedule contract, it can last up to 20 years which is divided into four option periods. Each option period lasts for 5 years.
Green leases (also called aligned leases, high-performance leases, or energy-efficient leases) are rental agreements in which tenants commit to or gain incentives by participating in water/energy conservation, waste reduction and recycling, use of nonhazardous cleaning products, or other sustainable actions.

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