Laserfiche WebLink
47QSMD20R0001 Refresh: 0009 Section III A. Terms and Conditions Related to Schedule Contract Administration <br />(1) The Contractor shall remit the IEE to FAS in U.S. dollars within 30 calendar days after the <br />end of the reporting quarter; final payment shall be remitted within 30 days after physical <br />completion of the last outstanding task order or delivery order of the contract. <br />(2) The ITT represents a percentage of the total quarterly sales reported. This percentage is set at <br />the discretion of GSA's FAS. GSA's FAS has the unilateral right to change the percentage at any <br />time, but not more than once per year. FAS will provide reasonable notice prior to the effective <br />date of the change. The IEE reimburses FAS for the costs of operating the Federal Supply <br />Schedules Program. FAS recoups its operating costs from ordering activities as set forth in 40 <br />U.S.C. 321: Acquisition Services Fund. Net operating revenues generated by the IEE are also <br />applied to fund initiatives benefitting other authorized FAS programs, in accordance with 40 <br />U.S.C. 321. Offerors must include the ITT in their prices. The fee is included in the award price(s) <br />and reflected in the total amount charged to ordering activities. FAS will post notice of the <br />current ITT at https://srp.fas.gsa.gov/ or successor website as appropriate. <br />(c) Within 60 days of award, an FAS representative will provide the Contractor with specific written <br />procedural instructions on remitting the IFF. FAS reserves the unilateral right to change such <br />instructions from time to time, following notification to the Contractor. <br />(d) Failure to remit the full amount of the ITT within 30 calendar days after the end of the applicable <br />reporting period constitutes a contract debt to the United States Government under the terms of FAR <br />Subpart 32.6. The Government may exercise all rights under the Debt Collection Improvement Act of <br />1996, including withholding or setting off payments and interest on the debt (see FAR clause <br />52.232-17, Interest). Should the Contractor fail to submit the required sales reports, falsify them, or fail <br />to timely pay the IEE, this is sufficient cause for the Government to tenninate the contract for cause. <br />End of Clause <br />Note: Regulation 552.238-80 <br />FSS contractors are required to report sales and remit IFF for Schedule items sold via <br />FedMall, just as they would for any other Schedule sale. FedMall sales of Schedule items <br />are treated no differently than sales earned via GSA Advantage! or from orders directly <br />placed by an ordering activity. <br />This clause does not apply to contracts participating in the Transactional Data Reporting <br />(TDR) Pilot. Please refer to clause 552.238-80 Alternate I. <br />Begin Regulation <br />552.238-80 INDUSTRIAL FUNDING FEE AND SALES REPORTING (JUL <br />2020) (ALTERNATE I MAY 2019) <br />(a) Definition. "Transactional data" encompasses the historical details of the products or services <br />delivered by the Contractor during the performance of task or delivery orders issued against this <br />contract. <br />(b) Reporting of Transactional Data. The Contractor must report all transactional data under this <br />contract as follows: <br />(1) The Contractor must electronically report transactional data by utilizing the automated <br />reporting system at an Internet website designated by the General Services Administration (GSA) <br />or by uploading the data according to GSA instructions. GSA will post registration instructions <br />Page: 106 of 141 <br />