FCC Subcontracting Plans & Teaming Agreements Flashcards

Under FAR 19.702, which contracts require a subcontracting plan for small business participation?

Answer: Contracts over $750,000 (or $1.5M for construction) that offer subcontracting opportunities and are not set aside for small business

FAR 19.702 requires subcontracting plans for contracts over $750,000 ($1.5M for construction) with subcontracting opportunities, excluding small business set-asides.

A subcontracting plan must include percentage goals for subcontracting with:

Answer: Small businesses, small disadvantaged businesses, women-owned, HUBZone, SDVOSB, and VOSB firms

FAR 19.704 requires subcontracting goals for all six SB socioeconomic categories: SB, SDB, WOSB, HUBZone, SDVOSB, and VOSB.

What is the purpose of the Individual Subcontracting Report (ISR) submitted by prime contractors?

Answer: To report actual subcontracting dollars paid to small businesses against the approved subcontracting plan goals

The ISR reports actual subcontracting expenditures versus the approved goals, enabling agencies to assess compliance.

Under FAR 52.219-9, failure to make a good faith effort to comply with a subcontracting plan may result in:

Answer: Liquidated damages assessed against the contractor

FAR 52.219-9(d) provides for liquidated damages when a contractor fails to make a good faith effort to comply with its subcontracting plan.

A teaming arrangement under FAR 9.601 allows two or more companies to:

Answer: Submit a joint offer in response to a solicitation with one company acting as prime and others as subcontractors

FAR 9.601 defines a teaming arrangement where firms agree to propose jointly, with one serving as prime and the other(s) as subcontractors.

What SBA form is used for mentor-protégé agreements to document the relationship between a large business mentor and a small business protégé?

Answer: SBA Form 1711

SBA Form 1711 is used to apply for and document mentor-protégé program agreements between mentors and protégés.