GSA Moves Into the Next Phase of Transactional Data Reporting (TDR) Rule Pilot Program
In May, GSA leadership announced the decision to make the Transactional Data Reporting (TDR) pilot program voluntary for contractors on the Multiple Award Schedules and/or Special Item Numbers (SINs) included in the pilot program. The TDR rule, published in June 2016, enables GSA to collect transactional-level data on purchases made through a GSA contract vehicle. This data provides valuable information that not only helps us craft smarter buying strategies, but allows agencies to make smarter purchasing decisions, enhances competition and gives the federal government key intelligence around buying patterns.
This new GSA Acquisition Regulation (GSAR) rule also creates tremendous advantages for the vendor community, eliminating the cumbersome Commercial Sales Practices (CSP) and Price Reduction Clause (PRC) reporting requirements, reducing compliance burdens on contractors, particularly small businesses.