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New GSA Transactional Data Reporting Rule Issued

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Centre Law & Consulting

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On June 23, 2016, the General Services Administration (GSA) amended the General Services Administration Acquisition Regulation (GSAR) to include clauses that require vendors to report transactional data from orders placed against certain Federal Supply Schedule (FSS) contracts, Governmentwide Acquisition Contracts (GWACs), and Governmentwide Indefinite-Delivery, Indefinite-Quantity (IDIQ) contracts.

What does this mean and what do you need to know?

First, it’s important to clarify what Transactional Data is. Transactional data refers to the information generated when the Government purchases goods or services from a vendor. It includes specific details such as descriptions, part numbers, quantities, and prices paid for the items purchased.

With this final rule, key points to note are:

  • The TDR clause is being implemented under the GSA Schedules program on a pilot basis. TDR implementation for several Schedules and Special Item Numbers (SINs) will begin in August 2016 and extend through Q1 FY2017.
  • Currently, GSA plans for a 3-year pilot affecting specific SINS at which point the pilot will be reassessed. The following Schedules/SINs are impacted by the pilot:
    • 03FAC
    • 51V
    • 58 I
    • 72
    • 73
    • 75
    • Professional Services Schedule (only for the Engineering SINs)
    • 70 (only for the following SINs: 132 8, 132 32, 132 33, 132 34, 132 54, and 132 55)
  • The new TDR requirements will be mandatory only for new Schedule contracts awarded after the Schedule becomes subject to the pilot and at the time to extend the term of the Schedule contract. Please note that vendors holding existing contracts under pilot Schedules will be encouraged to accept the new clause via a bilateral contract modification. Once accepted, vendors will not need to comply with the Commercial Sales Practices (CSP) and Price Reductions Clause (PRC).
  • Contractors in the pilot program will have ninety (90) days to accept the Mass Mod incorporating TDR.
  • TDR data is reported monthly, and there is a 30-day window to report after the end of the month.
  • GSA is amending its pricing instructions in the General Services Administration Acquisition Manual (GSAM) to place greater emphasis on price analysis when negotiating prices with Schedule vendors.
  • IFF must still be paid quarterly. However, Contractors may choose to remit IFF on a monthly basis when they report their sales, but they must do so through the TDR system.

The impact of this new rule remains to be seen, so Centre Law and Consulting will continue to report on TDR news as it develops.

About the Author

Maureen Jamieson | Centre Law & Consulting Maureen Jamieson
Executive Director of Contracts & Consulting

Maureen Jamieson has more than twenty-five years of experience managing federal contracts. She is highly experienced in solving client pricing problems and implementing effective pricing strategies for placing products and services on GSA Schedule contracts. Maureen also frequently works with clients on effective selling and marketing strategies in the federal market space.

 

The post New GSA Transactional Data Reporting Rule Issued appeared first on Centre Law & Consulting.


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