Government contractors and GSA acquisition personnel will have more time to understand and participate in the Transactional Data Reporting (TDR) pilot. GSA just announced that the TDR pilot has been extended through FY2020.
What Is TDR?
Transactional Data Reporting, according to GSA, “reduces burden and increases transparency by requiring monthly reporting of transactional sales data from government-wide contracts, including the Multiple Award Schedules (MAS) contracts.” TDR was implemented as an optional three-year pilot that includes eight specific schedules and their related Special Item Numbers (SINs).
Why the Extension?
Extending the pilot program will allow GSA to continue to work toward consolidating all 24 schedules into one single schedule, which is a top priority. Because of the extension, contractors and GSA workers alike will have more time to thoroughly understand TDR and its ramifications.
Background of TDR
GSA’s TDR rule was implemented in June 2016 in a pilot program across GSA contract vehicles.
In a June 22, 2016 release, GSA described the TDR rule as “one of the most transformational changes to GSA’s Federal Supply Schedules Program in more than two decades.” The release went on to say, “the TDR rule allows GSA to remove some of the complex and burdensome tracking and disclosure requirements imposed on federal contractors – the Commercial Sales Practices (CSP) disclosures and Price Reductions Clause (PRC) basis of award tracking requirement.”
What’s Ahead for Government Contractors?
GSA will reassess the TDR pilot at the end of FY2020. GSA anticipates one of three outcomes after the pilot is evaluated. Either:
- The pilot will be continued, or
- The pilot will be canceled, or
- Optional TDR participation will be expanded to all SINs on schedule
In the meantime, contractors will continue to report monthly sales via the FAS Sales Reporting Schedule.
For Help
If you have questions about any aspect of government contracting, contact Taylor Dean, CPA, CGMA, here or call 800.899.4623.
