Just as with my Quick Hitter series with the FAR, my Quick Hitter series with the GSAR is meant to simplify contracting business with the government. This time with GSA.
GSAR 534.2 Earned Value Management Systems
GSAR 534.201 Policy
What is an EVMS, anyway? It’s pretty much a Gant Chart that maps out the contract project from start to finish. Complete with potential roadblocks and fixes along the way.
When are they used? For major acquisitions. What’s a major acquisition? A contract valued as important to the agency, considered to be complex in nature, high risk, significant return to the buyer and/or considered to be visible in terms of agency image.
GSA acquisitions of $20M or higher or if the PM and CO require ensure an EVMS will be included in the contract file.
GSAR 534.201-70 Procedures
Major acquisitions must include an acquisition plan, PWS and an EVMS. The PM designates a status of major acquisition.
The CO must verify adequate funding, the progress path of the vendor to complete the project, instructions for what to include in the EVMS, an acquisition plan and required monthly progress reports by the contractor if EVMS is incorporated into the buy.
GSAR 534.202 Integrated Baseline Reviews (IBR)
IBRs must be conducted after award.
A major acquisition is a lot of work for both sides. However, if completed as the government instructs then it is worth every second for both sides. They are not only big money. They are high visibility.
If you think I can help you then email nicholas.s.robertson@outlook.com for your introductory email and free consultation. 
RobertsonKX Business Blog 