Many government contractors are worried, fearful and in disbelief about the General Services Administration’s implementation of its Transactional Data Rule.

There are calls for delays in implementation and more training for contracting officers and contracting specialists. There are worries that contracting officers will continue to ask for the dreaded, outdated, lawsuit inducing data that the TDR is supposed to replace — commercial sales practices (CSPs) and the price reduction clause disclosures.

And maybe most of all, industry is concerned about the cost to collect and transmit the data back to GSA.

Despite all of these fears, we know very little about the impact, cost or problems with GSA collecting transactional data, which it says is information generated when the government purchases goods or services from a vendor. The rule requires vendors to report specific details such as descriptions, part numbers, quantities and prices paid for the items purchased.

Keep reading this article at: http://federalnewsradio.com/reporters-notebook-jason-miller/2017/02/contractors-worrying-much-gsas-data-rule/