General Services Administration Federal Supply Schedule (GSA FSS) contracts in particular contain the Price Reduction Clause (PRC) which is a potential minefield for the careless or unwary contractor. The PRC basically requires the GSA FSS contractor to offer the Federal Government the same pricing and discount terms the contractor offers to its Most Favored Customer(s) (MFC) at all times the FSS contract is in force. Join Greenberg Traurig's Richard Moorhouse, Shareholder as he presents "Understand how PRC works so you are able to intelligently negotiate a pricing and discount relationship that minimizes inherent risks".
June 25, 2020, 1:00 PM - 2:30 PM ET
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Webinar|Lorman GSA Price Reduction Clauses (PRC) in Contracts
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Bloomberg Law