On contracts worth more than $1,000,000, large business prime contractors will be required – by the RFP – to submit a subcontracting strategy to be evaluated by proposal evaluators for competence and quality of the subcontractor. The proposed regulation will require that a prime contractor’s proposal must include a formal, comprehensive subcontracting strategy that will clearly identify the work that will be performed by the small business subcontractor that are identified in the proposal. The RFP-required subcontracting strategy will also identify the exact timeframe for which the subcontractor will be performing contract work, and what the value of said contract work will be.
The subcontract becomes valid when the large business prime is formally awarded the contract.
Additional details, benefits, and discussion can be found in the attached document.
Comment on FR Doc # 2011-30927
This is comment on Proposed Rule
Small Business Subcontracting
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Attachments:
Subcontracting Reform - 1 - RFP Requirement
Title:
Subcontracting Reform - 1 - RFP Requirement
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