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From Lorman Education Services
GSA Price Reduction Clauses (PRC) in Contracts
...e reduction clause. This clause is included in all of the GSA Multiple Award Schedule schedules and essentially it guarantees that GSA receives a contractor's most favored customer pricing upon award and protects it from any lower pricing being offered to other categories of customers without extending the same courtesy to the federal government. It is essential that contractors understand the
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GSA Price Reduction Clauses (PRC) in Contracts
...e reduction clause. This clause is included in all of the GSA Multiple Award Schedule schedules and essentially it guarantees that GSA receives a contractor's most favored customer pricing upon award and protects it from any lower pricing being offered to other categories of customers without extending the same courtesy to the federal government. It is essential that contractors understand the
more...
