Transactional Data Rule Updates: Tentative Mass Mod Dates Released

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In a webinar to discuss its Transactional Data Reporting (TDR) pilot program, GSA announced tentative dates for the issuance of the mass modification (A509) to implement the pilot program for affected schedules. As discussed in Aronson’s previous blog, schedule holders who participate in the TDR pilot will be required to provide monthly contract sales reports, including prices paid information, to serve as the basis for pricing negotiations. In exchange, GSA will eliminate the requirements for those contractors to provide Commercial Sales Practices (CSP) and track commercial prices to a Basis of Award customer for price reductions. The following dates are subject to change:

Transactional Data Rule Updates

Acceptance of this mass mod is OPTIONAL during the pilot, unless the GSA contract renews during the pilot period. Contractors must respond to the mass mod whether they plan to enroll in the pilot or not by accepting or declining the mod.

Transactional data must be reported monthly. IFF remittance is still required quarterly, although contractors participating in the pilot now have the option to remit IFF monthly. If and when contractors accept the TDR pilot program mass mod, transactional data reporting will be required at the start of the next calendar quarter. This quarterly timeframe will allow for a smoother reporting transition from the 72a Quarterly Reporting System to the new FAS Sales Reporting system.

Contractors can register for the third GSA-hosted webinar on TDR held on Tuesday, August 23 here. Please contact Barbara Connell (240-364-2657, bconnell@aronsonllc.com) or Jennifer Aubel (301-231-6253, jaubel@aronsonllc.com) if you have any specific questions about this significant change or other GSA Schedule compliance matters.

 

About Barbara Connell


Barbara Connell is a Senior Consultant in Aronson LLC’s Government Contract Services Group, where she works with government contractors to provide customized solutions that ensure success and compliance. As a Senior Consultant, Barbara assists clients with GSA Schedule contract acquisition and maintenance, Service Contract Act compliance, preparation of budgeted indirect rates and submission of incurred costs and a variety of government contract compliance areas. As an expert in her field, Barbara is a regular contributor to Aronson’s Fed Point blog and she is a featured speaker for Aronson on Service Contract Act compliance. Barbara earned a bachelor’s degree from the Pennsylvania State University, where she majored in marketing with a minor in information systems management.

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