Economic Price Adjustments (EPAs)
GSA 101
English - November 25, 2020 17:00 - 7 minutes - 5.11 MB - ★★★★★ - 12 ratingsGovernment Business Management gsa government federal contract schedule help mas modification procurement compliance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
We cover an overview of the different kind of EPAs, their limitations and their features. If you're just jumping into the topic for the first time, this is a good place to start.
Episode Notes:
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Clause 552.216-70 Economic Price Adjustment—Multiple Award Schedule Contracts: For those who sell products, and have a publicly available commercial price list.
Clause I-FSS-969 Economic Price Adjustment- FSS Multiple Award Schedule(b)(1): Build out Method. Automatic annual increases according to a chosen percentage, for those who sell services.
Clause I-FSS-969 Economic Price Adjustment- FSS Multiple Award Schedule(b)(2): Also for those who sell services, your increases will be linked to a relevant market indicator.
https://www.bls.gov/news.release/eci.toc.htm
Annual % Caps for EPA Increases:
4% Human Capital
5% Professional Services
5% Travel
10% all other categories
Blog Post: https://www.elevategsa.com/gsablog/which-epa-mechanism-should-you-use