Guidance and Support for Government Contractors

By: s.m.amend | March 20, 2017

General Services Administration’s new Transactional Data Reporting (TDR) rule states that contractors must electronically report prices paid by the federal government for goods and services purchased through GSA acquisition vehicles. (Interact.gsa.gov). GSA intends to gain market intelligence about pricing, while improving efficiency and reducing requirements that many contractors found challenging.

TDR is significant not only because of the new reporting requirement, but also because it eliminates the long-standing task for contractors to track their Basis of Award customer’s price reductions, as the new Price Reductions clause does not include a BOA tracking stipulation.

Using a phased-in approach affecting select schedules and SINs, the ...