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Small Business Subcontracting Plan (Unless otherwise stated, the following are applicable to and must be included in purchase orders of $700K or more. This plan is not required for small business
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How to fill out small business subcontracting plan
How to fill out small business subcontracting plan
01
Step 1: Review the subcontracting plan requirements.
02
Step 2: Determine the goals and objectives for subcontracting.
03
Step 3: Identify potential small business subcontractors.
04
Step 4: Establish subcontracting goals in terms of percentage or dollar value.
05
Step 5: Develop a strategy to maximize small business participation.
06
Step 6: Create a plan to monitor and assess subcontracting achievements.
07
Step 7: Submit the completed small business subcontracting plan to the appropriate agency.
Who needs small business subcontracting plan?
01
Government agencies that have contracts with small business goals.
02
Prime contractors who have subcontracting opportunities.
03
Companies seeking to meet their small business utilization requirements.
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What is small business subcontracting plan?
The small business subcontracting plan is a written document that outlines how a prime contractor will ensure that small businesses are given the opportunity to compete for and perform subcontracting work on a government contract.
Who is required to file small business subcontracting plan?
Prime contractors who are awarded a federal contract that exceeds the designated threshold are required to file a small business subcontracting plan.
How to fill out small business subcontracting plan?
To fill out a small business subcontracting plan, the prime contractor must provide details on how they will identify, solicit, and award subcontracts to small businesses. They must also set specific goals for subcontracting with small businesses.
What is the purpose of small business subcontracting plan?
The purpose of a small business subcontracting plan is to ensure that small businesses have the opportunity to participate in government contracting by requiring prime contractors to commit to subcontracting a certain percentage of the work to small businesses.
What information must be reported on small business subcontracting plan?
The small business subcontracting plan must include information on the prime contractor's goals for subcontracting with small businesses, as well as details on how they will identify, solicit, and award subcontracts to small businesses.
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