FLGOVCON37- How Prime Contractors Vet Small Business Subs

June 23, 2017
00:0000:00

In this episode Jenny breaks down the process for how prime contractors vet small business subs. Learn the things that you need to know to win the contracts and reduce the risks for the primes.

Your prime evaluates:

Risk
Rewards
Responsibility

 

Ways that Primes can issue work
 Purchase Order
 Consulting Agreement
 Fixed Price Contract
 Time & Material or Billing Rates Contract
 Cost Plus Contract
 ALWAYS a Commercial Relationship

 

Risks for Primes
 Systems, cost and pricing analysis (without
access)
 Cybersecurity Compliance
 Quality of Services Delivered
 Legal Responsibilities
 Reps & Certs
 Invoicing “I hereby Certify…”
 Contract Privity

 

Government Contract Requirements

FAR CAS DCAA

 

Other Areas that May Not Apply
 Contractors Business Systems Rules 252.242-
7005
 Forward Pricing Rates (FPRA)
 Earned Value
 Certified Purchasing
 Cost Plus Contracting

 

Are you Ready?
 Teaming Agreements and NDAs
 Exclusivity
 Understanding of Terminology
 AcronymExpert
 FAR Clauses
 Indirect Rates and Pricing Methodologies
 Ability to support Proposal effort
 Understanding Prime’s options
• Setting billing rates
• Workshare

 

To contact Jenny W Clark

CEO

Solvability, Inc

www.solvability.com

Phone 256-882-6276
E-mail jwclark@solvability.com
Linkedin Solvabilityjwc
Twitter Solvabilityjwc

PROGRAMS

  • Workshops
  • Podcasts
  • Webinars
  • Self Study
  • Hand to Hold
  • RPM
  • Prime Focus
  • 1:1 Coaching

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