On March 6th, GSA extended to September 30, 2023, Acquisition Letter MV-22-02, Temporary Moratorium of Certain Limitations Contained in Certain GSA Economic Price Adjustment (EPA) Contract Clauses, (the Moratorium Memo). The Moratorium Memo is a thoughtful, responsive, and balanced approach to accelerating the Economic Price Adjustment (EPA) modification process in response to inflation. To GSA’s credit, the policy effectively supports contracting officers, MAS contractors, and customer agencies all struggling to respond to the impact of inflation on the pricing and availability of commercial products and services.
In addition to streamlining the EPA process for contracting officers and MAS contractors, the Moratorium Memo shines a light on fundamental operational challenges impacting MAS price analysis. Increasingly, MAS contractors are facing a unique Federal Acquisition Service (FAS) price analysis framework focusing solely on low price without considering key commercial factors.
Addressing the FAR price analysis requirements in FAS operations, enhancing and expanding training for the MAS contracting workforce, and providing management with the appropriate discretion to support the workforce are all key steps to addressing the challenges and questions surrounding MAS price analysis. The Coalition stands ready to work with all stakeholders to drive competition, value, and innovation through the MAS program… Read the full article here.
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