Home / DoD / DSCA to Cut FMS Contract Administration Surcharge by 20%

DSCA to Cut FMS Contract Administration Surcharge by 20%

PentagonThe U.S. Defense Security Cooperation Agency will lower the contract administration services fee for foreign military sales from 1.5 percent on every transaction to 1.2 percent.

DSCA said Monday the surcharge reduction will take effect Dec. 1 and falls under an agency initiative to reduce total FMS program cost for overseas buyers.

The agency said it reduced the CAS surcharge rate after a review of the account’s historical sales and expense data.

The new CAS fee covers quality assurance assessment, inspection, audit and contract management services and is different from the program’s 3.5 percent administrative fee for government-to-government sales.

Check Also

VA Incorporating Customer Experience Principles Into CFR’s Core Values Section

The Department of Veterans Affairs is set to add a set of customer experience principles to the core values and characteristics section of its Code of Federal Regulations, Nextgov reported Friday. “Maintaining a sustained organizational commitment to, and institutionalized focus on, the voice of the customer is a critical component of modernizing VA to meet the needs and expectations of veterans, their families, caregivers and survivors,” according to the final rule scheduled for publication on Federal Register Monday.

Leave a Reply

Your email address will not be published. Required fields are marked *