The Contracting Education Academy

Contracting Academy Logo
  • Home
  • Training & Education
  • Services
  • Contact Us
You are here: Home / Archives for TDR

September 26, 2019 By cs

Watchdog warns on GSA’s contracting data trial

The General Services Administration’s watchdog again raised concerns over plans to move ahead with a three-year Transactional Data Reporting (TDR) pilot program, at the expense of two other contract provisions it says helps federal buyers save money.
This is the case that GSA made for Transactional Data Reporting when it issued a proposed rule in 2015 to capture transactional data on procurements across all of its government-wide acquisition vehicles.

In comments on the GSA’s strategy to extend its TDR pilot for another year after its planned conclusion this December, the GSA Office of Inspector General said it remains concerned TDR could cripple the agency’s buying schedules, which include IT Schedule 70, because it has yet to produce useable pricing data. The comments were dated July 26 but publicly released this week.

GSA’s TDR pilot collects pricing data from vendor volunteers, including prices paid by government customers, for products and services sold under agency contracts. It hopes the data gathered could level out pricing for federal buyers. When it was launched, the GSA OIG characterized the pilot as “the most significant change to GSA’s Multiple Award Schedules Program in over 20 years.” However, it warned at the beginning of the pilot and again in recent comments that the effort had produced no significant measurable pricing data federal agencies could use.

Keep reading this article at: https://fcw.com/articles/2019/08/28/watchdog-warns-pricing-trial-rockwell.aspx

Filed Under: Government Contracting News Tagged With: cost and pricing data, GSA, GSA Schedule, GSA Schedules, GWAC, IG, MAS, pricing, TDR, Transactional Data Reporting

August 28, 2019 By cs

GSA extends a pilot to save the government millions

The General Services Administration (GSA) decided to extend its Transaction Data Reporting (TDR) pilot through fiscal year 2020, a program GSA has said saves the government millions, according to a recent news release.

The TDR rule allowed GSA to remove “complex and burdensome” tracking and disclosure requirements mandated on contractors, in addition to asking contractors to electronically report specific procurement data, like prices paid, quantity and product description. The rule requires monthly reporting of transaction sales data from governmentwide contracts, which the GSA wrote increases transparency. GSA estimated when it made the initial announcement about the new rule in 2016 that it would save the government around $29 million a year.

“This rule also supports the government’s shift towards category management by centrally collecting and analyzing information on what federal agencies are buying and how much they are paying,” the GSA wrote in 2016. “This new transparency helps the government leverage its vast buying power and drives competition.”

Keep reading this article at: https://www.federaltimes.com/acquisition/gsa/2019/08/19/gsa-extends-a-pilot-to-save-the-government-millions/

Filed Under: Government Contracting News Tagged With: GSA, GSA Schedule, GSA Schedules, MAS, TDR, Transaction Data Reporting

May 22, 2017 By AMK

GSA starts translating Trump’s priorities into acquisition policy

The General Services Administration is going to have its hands full this summer as it works toward translating President Donald Trump’s contracting priorities into policy.

Jack St. John, GSA’s chief of staff, outlined a few of these priorities for a crowd of contractors at the May 11 Coalition for Government Procurement’s Spring Conference in Falls Church, Virginia.

“We are in the process of making changes, one of which is switching the [Transactional Data Reporting] requirement from a mandatory to a voluntary process. We’re going to reexamine the burdens and benefits of TDR,” he said.

GSA released the final data transaction reporting rule June 23, 2016, creating a requirement for government contractors to submit information about transactions through the schedule contracts and those governmentwide acquisition contracts run by the agency.

Keep reading this article at: https://federalnewsradio.com/acquisition/2017/05/gsa-starts-translating-trumps-priorities-into-acquisition-policy/

Filed Under: Government Contracting News Tagged With: acquisition reform, cost reasonableness, GSA, procurement reform, professional services, TDR, Transactional Data Reporting

July 12, 2016 By AMK

GSA finalizes major update to acquisition policy

Nearly a decade after a panel of experts recommended major changes to the way the government buys services, the General Services Administration (GSA) is going through with two significant updates.

GSA logoGSA released the final data transaction reporting rule June 23 creating a requirement for government contractors to submit information about transactions through the schedule contracts and those governmentwide acquisition contracts run by the agency.

The agency says transactional data refers to the information generated when the government purchases goods or services from a vendor. It includes specific details such as descriptions, part numbers, quantities and prices paid for the items purchased.

In that final rule, which has been in the works for more than a year and has been drawn the ire of many vendors, GSA says “vendors will no longer be subject to the existing requirements for Commercial Sales Practices (CSP) disclosures and Price Reductions clause (PRC) basis of award monitoring, resulting in a substantial burden reduction.”

Keep reading this article at: http://federalnewsradio.com/acquisition-policy/2016/06/gsa-finalizes-major-update-acquisition-policy/

Filed Under: Government Contracting News Tagged With: acquisition policy, commercial sales, commercial sales practices, CSP, GSA, GSA Schedule, policy, price reduction, schedule, TDR, Transactional Data Reporting

Popular Topics

abuse acquisition reform acquisition strategy acquisition training acquisition workforce Air Force Army AT&L bid protest budget budget cuts competition cybersecurity DAU DFARS DHS DoD DOJ FAR fraud GAO Georgia Tech GSA GSA Schedule GSA Schedules IG industrial base information technology innovation IT Justice Dept. Navy NDAA OFPP OMB OTA Pentagon procurement reform protest SBA sequestration small business spending technology VA
Contracting Academy Logo
75 Fifth Street, NW, Suite 300
Atlanta, GA 30308
info@ContractingAcademy.gatech.edu
Phone: 404-894-6109
Fax: 404-410-6885

RSS Twitter

Search this Website

Copyright © 2023 · Georgia Tech - Enterprise Innovation Institute