Switching your EPA Mechanism
Good news! You absolutely can. Most vendors choose an EPA Method that they perhaps maybe didn’t fully understand when they got their contract. This does not mean you are doomed to live out the rest of your contract under an EPA clause that does not suit you. You can also have different EPA clauses tied to different SINs or choose one that applies to the entire contract.
I have personally helped clients who started with an EPA method that is based on a Commercial Price list (Remember- this means all your commercial pricing needs displayed somewhere for the public to view), only to realize they do not have a true Commercial Price list according to GSA terminology. In order to remedy this and switch over to an EPA method that is based on a Market Price list- you will need to submit a Revise Terms and Conditions Modification request inside of eMod. You will need to state the current EPA clause your contract is tied to, and state the one you would like to switch to. You will need to provide the supporting documentation depending on which clause you are switching to. For instance, if you are switching to a build out method (Clause I-FSS-969 Economic Price Adjustment- FSS Multiple Award Schedule(b)(1) you will need to fill out the section in the Price Proposal Template that builds out your pricing for the remaining years of the contract, and also state why you picked that specific percentage increase. GSA’s modification instructions can be found here if you need some assistance gathering the appropriate documentation!
Of course, we are always happy to help you figure out what EPA clause suits your contract, and help you get it switched over! Give us a shout and we will circle back with you and make a plan. The right EPA mechanism can save you thousands in the long run, and ensure you never miss an increase ever again! if you’d like direct support from a GSA consultant to help with a specific project, reach out to us at info@elevategsa.com.
If you need a refresh on the different EPA clauses and what each one means feel free to check out the blog post on that here.