The General Services Administration (GSA) is scheduled to expand a 2016 rule this November, but faces significant opposition from within its own agency due to questionable data from a pilot program. On June 23, 2016, GSA published a final rule requiring contractors to report transactional data for both products and services provided under Multiple Award Schedule (MAS) contracts. The rule sought to collect the data necessary to allow the government to make smarter buying decisions, promote industry-wide competitiveness, and reveal buying patterns, but also to reduce the administrative and transactional burden on government contractors, eliminating barriers to entry – especially for small businesses – as it eliminated Commercial Sales Practices (CSP) and Price Reduction Clause (PRC) reporting.
Continue Reading GSA’s Transactional Data Reporting Rule Set to Expand Amid OIG Worries