On August 5, 2024, the General Services Administration (GSA) took a step forward by publishing a final rule to “standardize and simplify the Multiple Award Schedule (MAS) clauses for economic price adjustments.” The final rule consolidated procedures spread across four MAS Economic Price Adjustment (EPA) clauses into a single, more reasonable clause. This step forward embodies lessons learned from the Covid-19 pandemic and the unprecedented inflation which followed. The Coalition for Government Procurement (CGP) commends GSA for promulgating the EPA rule. However, implementation of the final rule will be heavily influenced by opaque trainings and internal policy memos. This lack of transparency echoes FAS Policy and Procedure (PAP) 2021-05 , threatening the uniformity, accuracy, and fairness of GSA procedures.
Tuesday Insight – September 10, 2024: GSA Moves Forward with a New Economic Price Adjustment (EPA), Consistency is the Next Opportunity
Ten Checkpoints - On the Way to Your GSA Schedule
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