Transactional Data Reporting (TDR)- What is it and why do you care?

The new transactional data reporting rule is now requiring vendors to electronically report the price the federal government actually paid for an item of service through the GSA acquisition vehicle. The rules on pricing with GSA have always said that the negotiated price is a ceiling price- meaning that vendors are free to provide GSA customers with additional discounts as they see fit. This means that tracking the actual cost paid for products/services vs. the “GSA price” has been a consistent problem for contractors and the GSA alike.

TDR reporting will be more time intensive for contractors who chose to be a part of the pilot program. Tracking the price per product instead of dollars per SIN will require additional work. However, the benefits for contractors are great as well. With TDR, Commercial Sales Practices and the Price Reduction Clause track will be eliminated for those who chose to part of the pilot program! Once the mod is accepted, contractors participating in TDR will no longer have to provide a CSP when submitting contract modification and will not have to track their BOA customer.

For contractors that accept the modification between now and December 31^st, the new reporting rules will go into effect on January 1^st.

If you are unsure how TDR will affect your contract administration efforts, drop us a line at info@govconsvcs.com and we’ll see if you can help you unravel the new rules and how to best move forward. 

Schedule 70 is growing, growing, growing!

Since the introduction of the Cloud IT SIN (132 40) has proven to be a successful experiment in subdividing IT purchasing, the next step in that progression is to continue that particular mission. Health IT, which is just about anything IT related, especially related to Electronic Health Records, used in hospitals, by doctors, nurses and other professionals is going to get its own SIN on GSA.

Under the existing SINs, any health IT software or service would be categorized under 132 32 (term software), 132 33 (perpetual software), 132 40 (cloud services) or even 132 51 (IT Professional Services) but the expertise behind the selling of health IT software and services just isn’t enough to truly support GSA and its customers. By grouping all health IT together, GSA is providing agency customers with a pool of highly skilled, experts to help them best understand what they really need.

Schedule 70, as a whole, has been more successful than ever. With $14 billion dollars in annual sales channeling through the acquisition vehicle, buyers are urging the GSA to make its use as easy as possible for them! The new health IT services SIN, 132 56, will allow buyers to access the expertise that they need to make the best decisions all in one place.

The final solicitation, which will include the new SIN, is expected to be rolled out this month. Current IT 70 schedule holders should be on the lookout for Mass Mod notifications to incorporate the new SIN into their contracts.

If you’re looking for more information about the health IT SIN, check out the GSA Interact posting from earlier this year all about it! And if you want to learn more about the government’s use of health IT, browse through HealthIT.gov.