Under the terms of the agreement, Megadyne’s entire product line of electrosurgical electrodes and other surgical devices are eligible for streamlined acquisition by the U.S. Department of Veterans Affairs and all other government agencies, including the Department of Defense, and will be distributed by KOL Bio-Medical Instruments.
A Federal Supply Schedule is an unfunded, five-year contract (with three additional five-year options) between the federal government and a commercial vendor that acts as a pricing agreement for what a contractor will charge federal buyers for its products and
services.
To become an approved supplier, contractors are required to complete an extensive application process. Negotiating best pricing, terms and conditions for the products or services available for acquisition is the primary driver of the Federal Supply Schedule system.
Learn more about Megadyne.
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