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This document outlines prime contract requirements and flowdown provisions relevant to a contract with Lockheed Martin, including clauses from the Federal Acquisition Regulation (FAR) and NASA FAR
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How to fill out flowdown provisions
How to fill out Flowdown Provisions
01
Review the original contract to understand the terms that require flowdown.
02
Identify subcontractors or third parties involved in the project.
03
Determine which specific provisions need to be included in the flowdown.
04
Create a clear section in the subcontract or agreement dedicated to flowdown provisions.
05
Ensure that the language used is consistent with the original contract requirements.
06
Communicate the flowdown provisions to all subcontractors to ensure understanding.
07
Monitor compliance of subcontractors with the flowdown provisions throughout the project.
Who needs Flowdown Provisions?
01
Prime contractors who are executing contracts for government projects.
02
Subcontractors who need to understand their obligations under the prime contract.
03
Companies involved in multi-tier contracting relationships.
04
Legal and compliance teams ensuring adherence to contractual obligations.
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People Also Ask about
What are flowdown provisions?
Flow-down provisions are a key element in most prime construction contracts, and Contract Documents are no exception. These provisions require contractors to pass along the obligations of their prime contract to their subcontractors, ensuring that all parties involved in the project adhere to the same terms.
What does "to flow down" mean?
A flow-down clause does not just incorporate the prime contract. It provides that the individual terms and conditions in the documents which are referenced in the prime contract apply as between the contractor and the subcontractor to the same extent as they apply between the owner and the contractor.
What are flow-down provisions?
Flow Down Terms means any terms and conditions applicable to Services provided under this Contract by a Third Party and appended to this Contract or provided to the Customer by the Supplier from time to time.
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What is Flowdown Provisions?
Flowdown Provisions are contractual clauses that require a prime contractor to pass certain contractual obligations and requirements down to their subcontractors.
Who is required to file Flowdown Provisions?
The prime contractor is required to file Flowdown Provisions as part of their agreements with subcontractors.
How to fill out Flowdown Provisions?
To fill out Flowdown Provisions, the prime contractor must identify the specific clauses from the main contract that are applicable to subcontractors and ensure these are included in the subcontract agreements.
What is the purpose of Flowdown Provisions?
The purpose of Flowdown Provisions is to ensure that subcontractors adhere to the same terms and conditions as the prime contractor, thereby maintaining compliance with the main contract.
What information must be reported on Flowdown Provisions?
Flowdown Provisions must report information such as the applicable clauses from the prime contract, the obligations of the subcontractor, and any specific compliance requirements that must be met.
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