Small Business Subcontracting & Accelerated Payment Compliance
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
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
Agency
NAICS
Place of Performance
Fort Eustis, VA, 23604, USASet-Aside
Documents
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