The DCC Group- Transactional Data to Help Save Taxpayers on GSA

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The DCC Group- Transactional Data changes on GSA to help vendors report data electronically. This cost effective decision could save all around.

“Collecting and sharing transactional data is an essential step toward getting the information that federal buyers need to conduct meaningful analysis and successful negotiations on behalf of taxpayers." From Tom Sharpe, GSA’s Federal Acquisition Services

GSA is working on a new rule to capture transactional data for all of its government acquisition vehicles. This would allow vendors to electronically report the price any government entity paid for their products or services acquired through GSA. This would allow GSA and its partners to make cost effective decisions that could save taxpayer dollars all around. The proposed rule would also end the use of some more burdensome reporting requirements.

If the new rule becomes finalized then GSA would begin to collect this information immediately on all newly awarded acquisition contracts. For Multiple Award Schedules they would release the reporting in phases.

For more information about GSA follow the link

From Jeffrey Koses, GSA’s Senior Procurement Executive:
“GSA estimates that the proposed rule could reduce burden on contractors by 85 percent, $51 million annually, and over 757,000 hours when compared to the burden associated with the tracking and reporting requirements of the price reduction clause in its current form. In addition, the proposed rule would provide federal contractors, especially small businesses, with more market intelligence. This would make it easier for them to see where they stand in the federal marketplace.”

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John Matthew
The DCC Group
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since: 03/2015
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