Report Fully Burdened Rates for FFP Orders in Schedules, GWACS, MACs, IDIQs Posted October 25, 2016 On 10/20/2016 at 9:00 AM, Vern Edwards said: Desparado: Keep in mind that when it comes to GSA MAS contracts, FAR 8.405-4 permits agencies to seek price reductions before placing an order and requires them to do so before placing an order that exceeds the simplified acquisition threshold. In essence, the rates in those contracts are for contract award purposes only and are not binding on the government. GSA MAS "contracts" are not like agency-awarded sole source, single-award IDIQ contracts. The OP for this thread did not ask about GSA MAS contracts. He or she seemed to suggest that, unlike the case under GSA MAS contracts, rates in the prospective IDIQ contract would be contractually binding. The OP seemed clear that the rates would be binding on the contractor, he or she gave no indication that the rates would not be binding on the Government, and he or she made no mention of seeking rate reductions prior to placing an order. There is no comparison with GSA MAS contract pricing. There is one place where there is some comparison. One of the main issues being raised here is the thought that contractors cannot forward-price for 5 years on a fully loaded labor hour basis. That is exactly what they must do on GSA MAS service contracts. Yes, they can go lower, but they can not go higher than the previously negotiated rates, which are done in 5-year increments.