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NAVGOVCON37- How Prime Contractors Vet Small Business Subs
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In this episode Jenny breaks down the process for how prime contractors vet small business subs. Learn the things that you need to know to win the contracts and reduce the risks for the primes.
Your prime evaluates:
Risk Rewards Responsibility
Ways that Primes can issue work ? Purchase Order ? Consulting Agreement ? Fixed Price Contract ? Time & Material or Billing Rates Contract ? Cost Plus Contract ? ALWAYS a Commercial Relationship
Risks for Primes ? Systems, cost and pricing analysis (without access) ? Cybersecurity Compliance ? Quality of Services Delivered ? Legal Responsibilities ? Reps & Certs ? Invoicing “I hereby Certify…” ? Contract Privity
Government Contract Requirements
FAR CAS DCAA
Other Areas that May Not Apply ? Contractors Business Systems Rules 252.242- 7005 ? Forward Pricing Rates (FPRA) ? Earned Value ? Certified Purchasing ? Cost Plus Contracting
Are you Ready? ? Teaming Agreements and NDAs ? Exclusivity ? Understanding of Terminology ? AcronymExpert ? FAR Clauses ? Indirect Rates and Pricing Methodologies ? Ability to support Proposal effort ? Understanding Prime’s options • Setting billing rates • Workshare
To contact Jenny W Clark
CEO
Solvability, Inc
Phone 256-882-6276 E-mail jwclark@solvability.com Linkedin Solvabilityjwc Twitter SolvabilityjwcPROGRAMS
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