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News & Press: WIPP Legislative Updates

GSA Rule Expands Contractor Data Collection

Tuesday, June 28, 2016  
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GSA Rule Expands Contractor Data Collection 

 

Last week, GSA finalized a rule requiring federal contractors to submit transaction level data on goods and services sold through GSA contracts to other government agencies. The rule requires GSA contract holders to submit detailed information including item descriptions, part numbers, quantities, and prices paid.

 

While the rule is part of a broader effort to streamline the acquisition process, the responsibility for aggregating this data should fall to GSA- not the private sector. GSA stated in the proposed and final rule that it does not have the capability to upgrade federal data systems to have this capacity. Therefore, the responsibility was passed to contractors with GSA schedule contracts, many of whom, are small businesses.

 

The new reporting requirement will be applied to new GSA government-wide acquisition contracts, where transactional data is not already collected. It will be implemented over the next year in a series of pilots on specific schedules beginning this August. The final rule can be found here and WIPP analysis will be provided to the Procurement Committee


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