SBDC: Sales, Reports, & IFF: Surviving a GSA Contractor Assessment

During a five-year term as a GSA Schedule holder, GSA will contact the contractor for an assessment with frequency depending on several factors – to include sales revenues, report submittals, and IFF remittances. An Industrial Operations Analyst (IOA) will reach out to the contractor and arrange for the logistics of the visit. Formerly known as a Contractor Assist Visit (CAV), a Contractor Assessment can be scheduled from annually to twice during the term, typically, midway through the five-year contract period and prior to an optional extension. The IOA will request the Contractor pull certain files, and the visit itself may be an actual or a virtual visit.

This presentation prepares you on what to expect in a Contractor Assessment and covers the following topics:

• Contract documents required
• Meeting your Sales requirements
• Sales tracking system
• Pricing verification
• Trade Agreements Act compliance
• Basis of Award customer discount monitoring and Transactional Data Reporting (TDR)
• Scope of contract
• Labor Categories
• Rates; Selected Item Numbers (SINs)
• Timely Reporting of Sales
• Commercial Sales Practices Format
• Transactional Data Reporting (TDR)
• Remittance of Industrial Funding Fee
• Contractor Assessment Report