August 14, 2009 —Formaspace, the industry leader in the design and manufacture of custom workbenches for technical, laboratory, and industrial applications, announced today that it has procured a new GSA Schedule Contract.
“We are excited to finalize the Formaspace listing on the GSA Schedule,” said Formaspace CEO Jeff Turk. “The GSA makes the ordering process as smooth and efficient as possible for government agencies. Now that Formaspace is listed on GSA Advantage, it will make it easier than ever for government and military customers to order Formaspace industrial workbench products.”
GSA Approves Formaspace as a Commercial Vendor
The General Services Administration, or GSA, issues GSA Schedules to approved commercial vendors. Also referred to as Multiple Award Schedules and Federal Supply Schedules, these are pre-negotiated contracts meant to reduce the time and expense of acquisition by providing federal purchasers with a government approved source from which to purchase cost-effective, high-quality products. Products on Formaspace’s GSA schedule can be ordered directly from the GSA contract holder or through GSA Advantage!®, an online shopping and ordering system.
The bestowal of a GSA Schedule is contingent upon several criteria, including the company’s past performance, customer satisfaction, financial stability, and proven ability to deliver multiple large-scale projects simultaneously.
Formaspace is a certified small business for government and defense workbench purchase purposes.
Formaspace advances the spirit of discovery and creation through the design and manufacture of custom workbenches, workstations, and technical furniture. The company develops elegant, practical, flexible solutions for customers in laboratory, technical, and industrial environments. Formaspace is located in Austin, Texas, and can be reached at 1.800.251.1505. The company is majority owned by Council Oak Investors, LLC.
About Council Oak Investors
Council Oak Investors, LLC is a private equity firm based in Austin, Texas. Council Oak Investors is committed to providing liquidity options and seasoned management to outstanding manufacturers and distribution firms nationwide.