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Small Business Subcontracting and Accelerated Payment Processing

Active
Federal

Contract Overview

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

AI Contract Overview

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This contract provides administrative and financial support to facilitate compliance with FAR 52.232-40, ensuring that small business subcontractors receive accelerated payments as soon as the government issues progress payments to the prime contractor. The effort is designed to streamline the flow of funds down the supply chain, reducing cash flow delays for small businesses and promoting their financial stability and participation in Department of Defense contracting. The support includes processing, tracking, and documenting payment workflows to guarantee timely disbursement in alignment with federal regulations. The work is performed under the auspices of the Defense Logistics Agency, part of the Department of Defense, and is classified under NAICS code 541211, indicating it involves accounting, bookkeeping, and financial reporting services. Although the solicitation number and specific performance location are not provided, the contract is accessible through the DIBBS system under the award identifiers SPE7L425D62ZA and SPE7L026F5668. The focus remains on enabling efficient financial operations that prioritize small business subcontractors, enhancing their ability to fulfill contract obligations without undue financial strain.

General Info

Accelerates payments to small business subcontractors via DLA financial support aligned with FAR 52.232-40.

Agency

Department Of Defense → Defense Logistics AgencyView Agency

NAICS

541211 - Offices of Certified Public AccountantsView NAICS

Place of Performance

Not specified

Set-Aside

NONE

Documents

(0)

No documents available

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Timeline

Posted

subcontract

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Organization & Contact Information

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AgencyDepartment Of Defense → Defense Logistics Agency
ContactsNo contacts available
OfficeN/A
Organization / Agency
Department Of Defense → Defense Logistics Agency
View Agency Profile
Office AddressN/A
ContactsNo contact information available

Full Description

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Administrative and financial support to ensure compliance with FAR 52.232-40, enabling accelerated payments to small business subcontractors upon government progress payment receipt.

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