IMPORTANT UPDATE: GSA Rollout of the Formatted Product Tool (FPT) Continues with Solicitation Refresh and Mass Modification for Schedule 73
The General Services Administration (GSA) Federal Acquisition Service (FAS) is planning to implement the Formatted Product Tool (FPT) across the GSA Multiple Award Schedules (MAS) program, beginning with select Schedules in July 2016. FPT implementation for Schedule 73 is tentatively planned for late August 2016.
Why is FAS implementing this change? Thousands of suppliers offer millions of items through the Multiple Award Schedules (MAS). These items have part numbers, descriptions, and price points that are then made available to the customer on GSA Advantage! However, decades of growth in the MAS Program and dramatic increases in the number and variety of items available through MAS is driving changes to how these items are represented and priced.