How to Develop and Manage a Small Business Subcontracting Plan
Most everyone understands the reasons for the government requiring large businesses to include a small business subcontracting plan in contracts exceeding $700,000 where subcontracting opportunities exist. And FAR has detailed instructions on what the various types of plans must include. Very little instruction is available, however, on how the plans should be administered once included in a contract. Both the prime contractor and the contracting officer must understand the plans, how they are intended to work, the social objectives they are designed to achieve, and the manner in which failures to meet the plan might be reflected in contract performance. This webinar will explain these plans, how they are constructed, and how they are intended to be administered – including those instances where the plan has not been met.