Far Payment Of Subcontractors

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Inside New FAR Rule On Untimely Payments 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.bradley.com/insights/publications/2017/02/inside-new-far-rule-on-untimely-payments-to-subcontractors

Actived: Tuesday Jul 16, 2019 (3 days ago)

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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: Sunday Jul 14, 2019 (4 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: Monday Jul 15, 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: Sunday Jul 7, 2019 (11 days ago)

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FAR -- Part 44 Subcontracting Policies and Procedures

FAR -- Part 44 Subcontracting Policies and Procedures FAC 2005-78 26 Dec 2014 FAC 2005-101 26 Oct 2018 44.000 -- Scope of Part. a This part prescribes policies and procedures for consent to subcontracts or advance notification of subcontracts and for review evaluation and approval of contractors purchasing systems.

Link: http://farsite.hill.af.mil/reghtml/regs/far2afmcfars/fardfars/far/44.htm

Actived: Sunday Jul 14, 2019 (5 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: Monday Jul 8, 2019 (11 days 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: Wednesday Jul 10, 2019 (8 days ago)

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FAR -- Part 32 Contract Financing - AF

FAR -- Part 32 Contract Financing FAC 2005-95 13 January 2017 FAC 2005-101 26 Oct 2018 32.000 -- Scope of Part. This part prescribes policies and procedures for contract financing and other payment matters.

Link: http://farsite.hill.af.mil/reghtml/regs/far2afmcfars/fardfars/far/32.htm

Actived: Monday Jul 15, 2019 (4 days ago)

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Prompt Payment Specifics Under the Federal 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: Monday Jul 15, 2019 (3 days ago)

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