GSA proposes to cut vendor fees

Proposed rule change

Related Links

"GSA to lower fees"

The General Services Administration wants to cut the industrial funding fee — the money that vendors pay for being on a GSA schedule — from 1 percent to 0.75 percent beginning Jan. 1, 2004.

The agency published a proposed rule this month that would give it the right to change the fee. The change would result in lower costs for contractors and lower revenues for GSA, which funds most of its activities through revenues rather than appropriations.

Vendors have to pay GSA within 30 days after the end of each quarter. The fee is a percentage of total schedule sales for the quarter.

Written comments on the proposal are due April 17.

Featured

  • FCW PERSPECTIVES
    sensor network (agsandrew/Shutterstock.com)

    Are agencies really ready for EIS?

    The telecom contract has the potential to reinvent IT infrastructure, but finding the bandwidth to take full advantage could prove difficult.

  • People
    Dave Powner, GAO

    Dave Powner audits the state of federal IT

    The GAO director of information technology issues is leaving government after 16 years. On his way out the door, Dave Powner details how far govtech has come in the past two decades and flags the most critical issues he sees facing federal IT leaders.

  • FCW Illustration.  Original Images: Shutterstock, Airbnb

    Should federal contracting be more like Airbnb?

    Steve Kelman believes a lighter touch and a bit more trust could transform today's compliance culture.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.