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How to Get on GSA Multiple Award Schedule - page 41 / 45

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Modifications to Your Schedules Contract

Economic Price Adjustment

Price Increases

Most common EPA clause GSAM 552.216-70  

Check the details for your Percentage ceiling

Prices fixed for first 12 months

No more than 3 increases/year

Price Decreases

Determined by the MFC

Ratio must remain the same

Spot Price Reduction

Reductions that do not apply across the board

Used to build relationships

Notify GSA when in use

Will not affect your awarded discount, terms and conditions

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