Far Payment Of Subcontractors

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Federal Acquisition Regulations Payment of Subcontractors

DoD GSA and NASA are issuing a final rule amending the Federal Acquisition Regulation FAR to implement a section of the Small Business Jobs Act of 2010. This statute requires contractors to notify the contracting officer in writing if the contractor pays a reduced price to a small business

Link: https://www.federalregister.gov/documents/2016/12/20/2016-30221/federal-acquisition-regulations-payment-of-subcontractors

Actived: Thursday May 16, 2019 (3 days ago)

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Inside New FAR Rule On Untimely Payment To Subcontractors

New changes to the Federal Acquisition Regulation impose mandatory reporting requirements on federal prime contractors who fail to make full and timely payments to their small business subcontractors.

Link: https://www.law360.com/articles/894997/inside-new-far-rule-on-untimely-payment-to-subcontractors

Actived: Friday May 17, 2019 (2 days ago)

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Non-Payment Of Subcontractors Weitz Morgan PLLC

FAR 32.112-1 allows a subcontractor to make an assertion of non-payment directly to the Contracting Officer. If the Contracting Officer concludes the prime has not met its payment obligations it may reduce or suspend payments to the prime under the government contract.

Link: https://www.weitzmorgan.com/2018/01/10/nonpayment-subcontractors/

Actived: Friday May 17, 2019 (3 days ago)

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48 CFR 32.112-1 - Subcontractor assertions of nonpayment

2 For a contract other than construction whether the contractor has made progress payments final payments or other payments to the subcontractor or supplier in compliance with the terms of the subcontract purchase order or other agreement with the prime contractor or

Link: https://www.law.cornell.edu/cfr/text/48/32.112-1

Actived: Tuesday May 14, 2019 (5 days ago)

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Legal Protections for Subcontractors on Federal Prime

Payment and other protections for subcontractors on federal contracts are of perennial interest to Members and committees of Congress in part because many subcontractors are small businesses and it is the declared policy of the Congress that the Government should aid

Link: https://fas.org/sgp/crs/misc/R41230.pdf

Actived: Wednesday May 15, 2019 (5 days ago)

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Recent Act Protects Sub-Contractors When Getting Paid For

Subcontractors have in the past griped that the federal government may have sounded sympathetic but in practice rarely did much to protect subcontractors from prime contractors who were not making timely payments preferring to stay uninvolved in such disputes . Because subcontractors are not in privity of contract with the federal government customer they cannot seek

Link: https://www.govloop.com/community/blog/recent-act-protects-sub-contractors-when-getting-paid-for-work/

Actived: Tuesday Mar 15, 2011 (8 years ago)

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Federal Acquisition Regulations FAR Case 2014-004

FAR 19.704 a 12 and 52.219-9 d 12 are added to require that the offeror will pay its small business subcontractors on time and in accordance with the terms and conditions of the subcontract and notify the contracting officer when the prime contractor pays a reduced or an untimely payment to a small business subcontractor.

Link: https://www.federalregister.gov/documents/2016/01/20/2016-00950/federal-acquisition-regulations-far-case-2014-004-payment-of-subcontractors

Actived: Tuesday May 14, 2019 (5 days ago)

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Prompt Payment Specifics Under the Prompt Payment Act

Additionally the federal Prompt Payment Act provides some added muscle to encourage participants to make timely payments before the situation deteriorates so far that a bond claim must be used by the party waiting for payment.

Link: https://www.levelset.com/blog/prompt-payment-specifics-under-the-prompt-payment-act/

Actived: Friday May 17, 2019 (2 days ago)

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FAR Clause 52.232-40 Providing Accelerated Payments to

Providing Accelerated Payments to Small Business Subcontractors Dec 2013 a Upon receipt of accelerated payments from the Government the Contractor shall make accelerated payments to its small business subcontractors under this contract to the maximum extent practicable and prior to when such payment is otherwise required under the

Link: https://farclause.com/FARregulation/Clause/FAR52.232-40_Basic-providing-accelerated-payments-to-small-busi

Actived: Wednesday May 15, 2019 (5 days ago)

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