Get Sba Small Business Subcontracting Plan

Subcontractor example For example, a building contractor may hire a subcontractor to complete the electrical wiring part of the contractor's building job. The contractor is responsible to the client for the building job including the part performed by the subcontractor.

Some government contracts require large companies to subcontract with a small business. This creates more opportunities for small businesses to get involved in federal contracting.

FAR 19.702(b) does not require small business subcontracting plans for contracts performed entirely overseas, but the change allows the use of set-asides for prime contracts overseas.

Individual subcontracting plan means a subcontracting plan that covers the entire contract period (including option periods), applies to a specific contract, and has goals that are based on the offeror's planned subcontracting in support of the specific contract, except that indirect costs incurred for common or joint ...

The Small Business Subcontracting Plan (SBSP or Plan) is a purchasing plan that projects the percentage of costs allocated under an award to small/disadvantaged businesses. Once a Plan is submitted, the university reports on its compliance with the Plan on a semi-annual basis.

Do we request Subcontracting Plans at the task order level? Answer: No. Per FAR Part 19, a contract may have no more than one subcontracting plan. Subcontracting plans are required from all large businesses that compete for an EIS contract.

Federal law requires a subcontracting plan if the value of contract exceeds a set dollar amount—currently $750,000.

The offerors small business participation commitments (to include a small business performance reporting requirement) should be incorporated into the contract as will be the subcontracting plan.