The Small Business Administration has proposed a rule to count lower-tier subcontracting against primes’ socioeconomic goals. So, rather than counting socioeconomic subcontracting amounts at the first-tier only, primes could take credit for subs further down the supply chain, that is, the subcontractors of subcontractors.
Travel
American Airlines vows to match Delta’s new pilot contract
American Airlines CEO Robert Isom wrote a letter to pilots vowing to match Delta’s new pilot contract, including its profit-sharing element:
Travel
Hotel loyalty program changes show luxury travel is back
Changes in hotel loyalty programs are indicators of what’s happening in the hotel industry generally. World of Hyatt’s show luxury is back.
Acquisition
The L-1011 TriStar ended Lockheed’s commercial dreams
The L-1011 TriStar first flew November 1970 and was Lockheed’s brief foray into the passenger-jet market.
Travel
Korean Air delays, possibly forever, frequent-flyer devaluation
Korean Air appears to have permanently shelved a devaluation of its frequent flyer program.
Acquisition
GSA Schedules: A Primer
A Fundamentals primer on GSA Schedules.
Travel
Marriott reports fourth-quarter 2022 earnings; coverage
Marriott reported fourth-quarter 2022 earnings, and media coverage largely highlighted the company’s robust post-COVID performance.
Acquisition
Fundamentals: Federal acquisition regulation (FAR)
A Fundamentals primer on the FAR.
Acquisition
Federal Acquisition Fundamentals: Limitation in subcontracting clause
The limitation in subcontracting clause, also known as 52.219-14 (and more formally Limitations on Subcontracting), applies to contracts including task orders awarded via set-aside procedures.
GAO spikes the Federal Supply Schedule cross-walk; sellers beware
The Federal Supply Schedules program manages some of the largest contracts in the world, with nearly $40 billion in sales in fiscal 2021. Yet even with their broad popularity, many buyers and sellers are unclear on the contracts’ history and use.