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STORAGE NAME: sb0898.CJC DATE: April 14, 1998, HOUSE OF REPRESENTATIVES COMMITTEE ON CIVIL JUSTICE & CLAIMS BILL RESEARCH & ECONOMIC IMPACT STATEMENT BILL #:SB 898RELATING TO:Repeal of Rule 3.852,
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What is standard form revised 697?
Standard Form Revised 697 (SF-697) is a federal form used by certain federal contractors to report their subcontractor utilization and payments, aiming to enhance transparency and accountability in government contracting.
Who is required to file standard form revised 697?
Federal contractors who are awarded contracts that meet specific thresholds and involve subcontracting are required to file Standard Form Revised 697.
How to fill out standard form revised 697?
To fill out SF-697, contractors must provide details about contract information, subcontractor information, payment amounts, and any relevant comments as required by the form's sections. It is important to follow the instructions provided with the form.
What is the purpose of standard form revised 697?
The purpose of Standard Form Revised 697 is to collect data on subcontractor utilization, ensuring compliance with regulations and informing government agencies about spending patterns and contractor performance.
What information must be reported on standard form revised 697?
Information required includes the contractor's details, contract number, subcontractor details, amounts paid to subcontractors, and a summary of subcontracting activities during the reporting period.
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