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GSA Formatted Product Tool & Transactional Data Reporting

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GSA Schedules Impacted & Expected Rollout

Trying to keep up with all of the recent and upcoming changes to the GSA Schedules Program? The Formatted Product Tool (FPT) and Transactional Data Reporting (TDR) are the most transformative changes to impact the GSA Schedules Program in at least the past decade.

Below is a brief summary of FPT and TDR. While FPT will eventually be extended to all GSA Schedules, it will initially only impact the six GSA Schedules detailed in the chart below. TDR will be introduced to the eight GSA Schedules listed within the chart during a 3-year pilot program.

Formatted Product Tool (FPT)

  • Automates Price Comparisons for Identical Products
  • Requires “Baselining” of Contract 60 Days from Acceptance
  • May Trigger Price Re-Negotiations If Pricing Flagged Outside of Normal Range

Transactional Data Reporting (TDR) 

  • Requires Contractors to Electronically Report the Price Paid for GSA Contract Products
  • Eliminates Need to Track Basis of Award & Price Reductions Clause

GSA Schedules Initially Affected by FPT/TDR & Date of Rollout*

Schedule SINs Included FPT TDR
70 All Fall/Winter 2017
70 132-8, 132-32/33/34, 132-54/55 Spring 2017 11/20/2016
72 All 7/22/2016 8/26/2016
73 All Fall 2016 11/20/2016
75 All Fall 2016 10/7/2016
00CORP 871-1 through 871-7 (Engineering) 1/16/2017
03FAC All 9/9/2016
51 V All Fall/Winter 2017 9/9/2016
58 I All 7/22/2016 8/26/2016

*Updated January 26, 2017