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Small Business Subcontracting & Accelerated Payment Compliance

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Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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This contract focuses on ensuring the prime contractor complies with FAR 52.232-40 by managing accelerated payments to small business subcontractors within 15 days following the acceptance of deliverables. It is designated as a Total Small Business Set-Aside under FAR 19.5, emphasizing its dedication to supporting small business participation. The contract falls under NAICS code 541211 and is issued by the Department of Transportation’s Maritime Administration. The work is set to be performed in Fort Eustis, Virginia, with the objective of streamlining payment processes to meet the regulatory requirements for small business subcontractor payment timelines. This initiative promotes timely cash flow for small businesses, fostering better subcontracting relationships and compliance within the government contracting framework.

General Info

Contract ensures prime contractor pays small business subcontractors within 15 days, supporting FAR compliance.

Agency

Department Of Transportation → 6933A2 DOT Maritime AdministrationView Agency

NAICS

541211 - Offices of Certified Public AccountantsView NAICS

Place of Performance

Fort Eustis, VA, 23604, USA

Set-Aside

SBA

Documents

(0)

No documents available

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Timeline

PostedMay 4

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Organization & Contact Information

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AgencyDepartment Of Transportation → 6933A2 DOT Maritime Administration

ContactsNo contacts available

OfficeN/A

Organization / Agency

Department Of Transportation → 6933A2 DOT Maritime Administration

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Office AddressN/A

ContactsNo contact information available

Full Description

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Support prime contractor compliance with FAR 52.232-40 by managing accelerated payments to small business subcontractors within 15 days of deliverable acceptance.

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