SCHEDULE 599 – Industrial Funding Fee (IFF) Increase - SIN 599-2 (only)
EFFECTIVE OCTOBER 1, 2018 The Industrial Funding Fee reimburses the General Services Administration for the cost incurred in procuring and managing Schedule 599 – Travel Services Solutions. Currently, the Industrial Funding Fee (IFF) for SIN 599-2 is $1.50 per transaction. Effective October 1, 2018 an additional fee of $1.60 will be assessed to all Transaction A – Air and/or Rail Ticket with or without Lodging and/or Car Rental Reservations (see definition below) under SIN 599-2. The new collection fee (IFF) will be $3.10 per transaction.
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Training Webinar: Post Award Responsibilities - How to effectively manage your VA Schedule contract
January Webinar: Post Award Responsibilities: How to effectively manage your VA Schedule contract
As the first webinar of the New Year, we will focus on what VA Schedule contractors need to do to effectively manage their contracts, and required deliverables, including:
- Price List Requirements
- Modifying your FSS contract
- Sales Reports & IFF
- Novation & Name Changes
- Contract Extension
- Contract Cancellation
Webinar Info
Topic: Post Award Responsibilities
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