Small Business Subcontracting Payment Acceleration

The contract titled Small Business Subcontracting Payment Acceleration requires the implementation of accelerated payment processes for small business subcontractors, ensuring payments are made no later than 15 days after receipt of a valid invoice, in full compliance with FAR clause 52.232-40. This initiative is aimed at improving cash flow for small businesses engaged in subcontracting activities under this agreement, reinforcing federal commitments to timely payments and economic support for small business partners. The requirement applies to all invoices submitted by qualifying small business subcontractors and mandates strict adherence to the 15-day timeline without exceptions or delays. This solicitation is managed by the Department of Defense through the Medical Supply Chain MD Surg FSF office, with performance obligated in Norfolk, Virginia, at the ZIP code 23511. The contract falls under the NAICS code 541611, indicating it relates to management consulting services. Submission responses must be completed by August 5, 2026, with the opportunity posted on July 30, 2026, and is accessible via the DIBBS platform. There is no set-aside designation, meaning the contract is open to all eligible small business subcontractors regardless of specific socio-economic classifications, as long as they meet the payment acceleration mandate.