What is a master subcontracting plan?
Master subcontracting plan means a subcontracting plan that contains all the required elements of an individual subcontracting plan, except goals, and may be incorporated into individual subcontracting plans, provided the master subcontracting plan has been approved.
What dollar value is a subcontracting plan required?
$750,000
Federal law requires a subcontracting plan if the value of contract exceeds a set dollar amount—currently $750,000. This amount is known as the “simplified acquisition threshold.1”
What is the purpose of a subcontracting plan?
The purpose of the small business subcontracting plan is to ensure Other Than Small Businesses (OTSB), any business that is not considered a small business, are setting aside part of the federal money they receive to subcontract to small businesses.
What is a small business subcontracting plan?
The Small Business Subcontracting Plan (SBSP or Plan) is a purchasing plan that projects the percentage of costs allocated under an award to small/disadvantaged businesses. Once a Plan is submitted, the university reports on its compliance with the Plan on a semi-annual basis.
Are small business exempt from Tina?
Answer: No, the contract is below the TINA threshold. Example 02: On Feb 01, 2018, a small business is awarded a three year contract. On Feb 01, 2019, the small business graduates from the small business program.
Are small business subcontracting plans required for commercial items?
Small business subcontracting plans are not required from subcontractors when the prime contract contains the clause at FAR 52.212–5, Contract Terms and Conditions Required to Implement Statutes or Executive Orders—Commercial Items, or when the subcontractor provides a commercial item subject to the clause at FAR …
How does the small business subcontracting plan differ from the small business participation commitment document?
Program Goals The primary difference between a Small Business Participation Plan contract and a Small Business Subcontract lies in its goals. Since the Small Business Participation Plan allows government agencies to contract directly with small businesses, the monetary goals are based on total value of a contract.
What is the difference between eSRS and FSRS?
The Federal Subcontract Reporting System (FSRS) is different than the electronic subcontracting system (eSRS). FSRS is a component of eSRS. These systems are independent of each other; although they are similar in function and appearance and provide the capability to access each other from within either system.
What is a Summary subcontracting Report?
This report provides an annual summary of subcontracts awarded by prime contractors for a specific. Federal Government agency that approved a Commercial Subcontracting Plan. This information is. further used for the Small Business Administration’s (SBA) Subcontracting Achievement Report.
What is the small business participation commitment document?
The SBPCD is a document in which the offeror delineates all of its intentions and commitments to be in compliance with the factor/subfactor to be evaluated for small business participation.
Who is exempt from Ffata?
In addition to the above exceptions, under the Federal Acquisition Regulations (FAR) (applicable to federal contracts), prime contractors and subcontractors who had a gross income in the previous tax year under $300,000 are exempt from FFATA reporting.
What is SSR in government?
Introduction: In the past, Federal Government contractors were required to file their Summary Subcontract Reports (SSR) for a “Commercial Subcontracting Plan” on the standard paper form (SF) 295. The Presidential Management Initiative mandated the development and implementation of an electronic Subcontracting process.
What is the DCMA small business program?
The DCMA Small Business Program mission and objective is to evaluate and analyze how well prime contractors ensure small businesses receive a fair proportion of prime contractors’ subcontracts.
How many contracts does DCMA receive each day?
Every business day, DCMA receives nearly 1,000 new contracts and authorizes more than $650 million in payments to contractors. Most importantly, every day the DCMA team delivers more than a million and a half items – from fighter jets to fasteners – to our warfighters.
What does the DCMA small business ombudsman do?
The DCMA small business ombudsman evaluates and analyzes how well prime contractors ensure small businesses receive maximum practicable opportunity to participate in prime contractors’ subcontracts.
When is a subcontracting plan necessary?
(c) For multiyear contracts or contracts containing options, the cumulative value of the basic contract and all options is considered in determining whether a subcontracting plan is necessary.