Contractor Relief Will Extend Past Sept. 30, GSA Official Says

A temporary waiver of some contractor pricing requirements—designed to help the industry deal with skyrocketing inflation and supply chain woes—will likely be extended past Sept. 30, a procurement official said Tuesday.

The General Services Administration in March released an acquisition letter that offered more flexibility to contractors seeking price increases and placed a moratorium on enforcing price limitations in certain GSA contracts. The expiration date for the relaxed rules is Sept. 30, the end of the government fiscal year.

“The acquisition letter is supposed to be evaluated prior to the end of the fiscal year,” said Mark Lee, assistant commissioner ...