Ways to Calculate GSA’s
Divide the original unit price by one (1) minus the IFF rate (e.g., 1 – 0.0075 = 0.9925) to establish the contract price. For example, if the original price of $198.50 is divided by .9925 , the selling price will be $200. If the contractor makes a sale at the $200 price, the contractor will pay a $1.50 IFF. ................
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