The General Services Administration (GSA) has launched a new tool to make it easier for agencies to figure out the hourly rates for various labor categories.
The Contract Awarded Labor Category (CALC) tool allows contracting officers to conduct market research and price analysis across awarded prices on 48,000 labor categories from more than 5,000 recent GSA contracts.
Need to know the hourly rate for a financial analyst with a bachelor’s degree and five years of experience? Or a lab director with a Masters degree and 10 years of experience? The CALC tool cuts down on time and effort by helping contracting officers crunch the data instead of having to comb through contract data by hand, according to GSA.
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