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Where necessary, to identify the applicable parties under the following clauses, \"Contractor\" shall mean \"Seller,\" \"Contracting Officer\" shall mean \"Lockheed Martin Procurement Representative,\"
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How to fill out flowdowns for prime contract

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How to fill out flowdowns for prime contract

01
Review the prime contract to identify all clauses that need to be flowed down to subcontractors
02
Include all necessary clauses in the subcontract agreement
03
Clearly communicate the flowdown requirements to subcontractors
04
Ensure that subcontractors acknowledge and agree to the flowdown terms in writing

Who needs flowdowns for prime contract?

01
Prime contractors who are seeking to subcontract parts of their work to other parties
02
Subcontractors who need to understand the terms and conditions of the prime contract that apply to their work

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Flowdowns for a prime contract refer to the process of transferring the responsibilities, terms, and conditions of a prime contract to subcontractors or lower-tier contractors.
The prime contractor is required to file flowdowns for the prime contract to ensure that all parties involved comply with the contract's requirements.
To fill out flowdowns for a prime contract, the prime contractor must accurately provide the required information, ensuring that all terms and conditions are clearly outlined and that they are aligned with the original contract.
The purpose of flowdowns for a prime contract is to ensure that subcontractors are bound by the same conditions as the prime contractor, thereby maintaining compliance and accountability throughout the contracting process.
Information that must be reported on flowdowns includes the relevant terms and conditions of the prime contract, payment schedules, deliverables, and compliance requirements.
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