1 / 6

Compliance Issues

Compliance Issues. Price Reduction Clause (PRC) PRC maintain relationship between 3 prices The GSA price, The BOA price, The commercial list price Changes to relationship subsequent to contract award trigger the clause, 15 days to notify GSA Trigger a “False Claims Charge”

prentice
Download Presentation

Compliance Issues

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Compliance Issues • Price Reduction Clause (PRC) • PRC maintain relationship between 3 prices • The GSA price, The BOA price, The commercial list price • Changes to relationship subsequent to contract award trigger the clause, 15 days to notify GSA • Trigger a “False Claims Charge” • Treble Damages , up to $11K per invoice, ($1 overcharge on 100 invoices costs $300 in damages, plus $1,100,000 in penalties) • Economic Price Adjustment Clause (EPA) • Contract can be modified up to 6 times in a year with max. aggregate in crease of 15% • Snap-on typically does a yearly EPA • Trade Agreement Act (TAA) • Product on contract must be from an approved country • Small Business Participation • All GSA contractors have a goal to reach that shows what are spend is with SB • SB are categorized as WOSB, SDB, SDVOSB, HZSB

  2. Pricing Update • Feb.2, 2008, load new 2008 prices to Baan, effective 2-4, 2008 • Most Industrial customers will be effected • We will honor quotes prior to Feb. 2, 2008 for 60 days (12-2-07 quote date) • We are holding Some customers 2006/2007 pricing until their contracts allow price changes • GSA/DOD EPA request is almost complete plan to submit by Feb. 8, 2008 • GSA/State Contracts • All wrenches and sockets will be capped at 6.9% ; 531 wrenches; 1013 sockets • All other product families will be capped as follows: • 9.9% if sales are greater > than $5,000; 56 products • 11.9% if sales are between $1,500 and $5,000; 42 products • 14.9% for sales less than $1,500K ; 134 products

  3. National Stock Number Update • Qty. NSN dropped since year 2000 approximately. 1,850, 94 since 2006 • Qty, NSN superseded since 2006 135 –screwdriver, crowfoot, ratchet • Qty. NSN current Approximately 4,000 • Update i-GIRDER (DLA NSN catalog site) • Update GSA with new part number & price • Possible take over Sioux & ATI NSN listing and maintenance • Team established to research and address NSN activities • Look into reviving old NSN’s with new tools or possible suggested replacement tools • Review 9000 series Bill of Materials • Request in to GSA for complete NSN description for 9000 series sets, reply from GSA is for us to do a FOIA request to receive this info.

  4. GSA/DLA Update • GSA GS-06F-0006L • NEW GSA SmartPay2 cards • Must use new cards by Nov. 30, 2008 • Current cards will not be valid after Nov. 29, 2008 • Push for more Women owned Small Business purchases • Disaster Recovery Program • State and Local governments may use GSA contract for disaster relief efforts • Purchases can be made in advance & in aftermath of disaster • Found in section 833 of the John Warner National Defense Authorization Act of 2007

  5. GSA/DLA Update • DLA SPM4W1-06-D-E001 • Contract Overview • Five year value is $6.5M • One year value is $1.3M • Order maximum value is $100K • Once Maximum for year or contract is met contract is expired • Contract is for 1 year w/4 1 year extensions • We are currently in our 1st extension expires 8-20-08

More Related