Proposed Rule Could Radically Change How GSA Contract Prices are Determined

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On March 4th, the General Services Administration (GSA) posted GSAR Case 2013-G504, Transactional Data Reporting, to the Federal Register. This proposed rule seeks to radically change how the pricing on GSA-managed contracts, including the Federal Supply Schedules, is negotiated and represents a fundamental shift to the philosophy of the GSA Schedules. Under the proposed model, contractors would be required to report itemized transactional sales data to GSA monthly. The government would then use this ‘prices paid’ information as a tool to negotiate contract and order pricing. In exchange for this data, GSA proposes to revise the Price Reductions …read more

Read more here:: Government Contracting

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