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ARTICLE · 07 MAY 2015

GSA's Proposed Transactional Data Reporting Rule Has Significant Implications For Contractors With GSA Contract Vehicles

Morrison Foerster
Morrison Foerster
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In order to ensure the government customers receive the best possible price, GSA currently requires FSS contract holders to disclose extensive commercial sales practice ("CSP") information.

United StatesGovernment, Public Sector

On March 4, 2015, as part of an effort to reform its procurement process, the General Services Administration ("GSA") issued a proposed rule that would require GSA contract holders to report certain transactional data related to government orders placed against GSA contract vehicles, including the Federal Supply Schedule ("FSS") contracts, as well as other non-FSS contract vehicles. The same proposed rule would eliminate the "basis of award" customer and do away with the Price Reduction Clause found in FSS contracts. Earlier this month, GSA held a relatively rare public meeting on the proposed rule. In this Alert, we provide background on the proposed rule and details about the public meeting.

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