GSA’s Murphy sees another path to reduce commercial pricing burden on vendors | FederalNewsRadio.com

If you aren’t familiar with TDR and wondering what’s the big surprise, let me catch you up a little.

GSA developed the TDR initiative to replace the dreaded commercial sales requirement and its corresponding price reduction clause in June 2016.

The Commercial Sales Practices regulation requires contractors to disclose to GSA details of any discounts vendors offer to commercial customers for similar products and services. The Price Reduction Clause requires contractors to monitor their pricing over the life of the contract and provide the government with the same price reductions that they give to commercial customers.

The PRC has been at the center of most of government contracting-based False Claims Act whistleblower cases and settlements over the past decade. For much of the past decade, vendors have called on GSA to change the PRC because it doesn’t match up with how agencies buy or how contractors sell anymore.

Instead under TDR, vendors are providing information generated when the government purchases goods or services. It includes specific details such as descriptions, part numbers, quantities and prices paid for the items purchased.

Read complete article here:

GSA’s Murphy sees another path to reduce commercial pricing burden on vendors – FederalNewsRadio.com.

Post a Comment

WP-SpamFree by Pole Position Marketing