Federal News Network: GSA’s Transactional Data Reporting pilot: A thoughtful way forward

“On April 27, the General Services Administration announced that the Transactional Data Reporting (TDR) pilot was eligible for expansion in the Multiple Award Schedule (MAS) program. As part of the announcement, GSA provided the latest performance results for the pilot. The fiscal year 2020 results showed steady progress, with data completeness, contract-level pricing, and small business metrics all exceeding targets. GSA concluded that ‘[w]hen TDR is used, government prices are lower, the reporting burden on contractors is reduced, and small businesses generate stronger sales growth.’…”

“Significantly, TDR aligns with the MAS statutory and regulatory competitive ordering procedures. TDR recognizes that pricing and best value are driven by competition at the order level for agency-specific requirements. Reporting data on real time, competitive transactions will assist government and industry in improving overall management operations and procurement planning. In stark contrast, the legacy pricing policies, especially the PRC, are at cross purposes with the competitive ordering procedures, focusing significant government and contractor resources on administrative oversight rather than on competition for agency requirements. The legacy MAS pricing policies are not only a costly drain on MAS’s competitive marketplace, but also a restraint of trade, restricting MAS contractors’ ability to compete in the commercial market. These costly, administrative burdens of the legacy pricing policies fall especially hard on small businesses…” Read the full article here.

Source: GSA’s Transactional Data Reporting pilot: A thoughtful way forward – By Roger Waldron, September 17, 2021. Federal News Network.

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