Opportunities to Improve Pricing of Gsa Multiple Award Schedules Contracts

By General Accounting Office

Book Id: WPLBN0000208622
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005

Title:	Opportunities to Improve Pricing of Gsa Multiple Award Schedules Contracts
Author:	General Accounting Office
Volume:
Language:	English
Subject:	Government publications, Accountability in government, United States. General Accounting Office
Collections:	Government Library Collection, Government Accountability Integrity Reliability Office Collection
Historic Publication Date:
Publisher:	United States General Accounting Office (Gao)


Citation APA MLA Chicago Office, G. A. (n.d.). Opportunities to Improve Pricing of Gsa Multiple Award Schedules Contracts. Retrieved from http://self.gutenberg.org/

Description
Government Accountability Integrity Reliability Office Collection

Excerpt
Excerpt: Contract negotiators at the four MAS acquisition centers that GAO reviewed use a variety of tools for obtaining most favored customer pricing-that is, the prices vendors offer their best customers. However, the GAO analysis of GSA?s review of selected fiscal year 2004 MAS contract files found that nearly 60 percent lacked the documentation needed to establish clearly that the prices were effectively negotiated. Specifically, the contract documentation did not establish that negotiated prices were based on accurate, complete, and current vendor information; adequate price analyses; and reasonable price negotiations. GSA?s efforts to ensure most favored customer pricing have been hindered by the significant decline in the use of pre-award and postaward audits of pre-award pricing information, two independent pricing tools that have helped GSA avoid or recover hundreds of millions of dollars in excessive pricing. In fiscal year 1995, GSA conducted 154 pre-award audits; by 2004 the number of pre-award audits fell to 40. Postaward audits-which resulted in an average annual recovery of $18 million in the early 1990s-were discontinued in 1997 when GSA revised its MAS contract audit policies to increase the use of pre-award audits-an increase that has not materialized.