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.
Category: Acquisition news and analysis
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.
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.
Acquisition
To the Cloud! Sixth Gen Fighter “Concept” Flies, if Nothing Else
The Next Generation Air Dominance (NGAD) initiative’s promise of combining the best of the F-22 and -35, while collapsing acquisition time frames, beating budget through full-rate production, and with affordable, reliable sustainment is unsurprising; I just got the tune out of my head.
Government docks fixed-price invoice for failure to perform hours, COFC agrees
Here’s a smack in the face to all the faux-fixed-price contract holders out there: the Court of Federal Claims found the government was within its right to unilaterally deduct hours not performed on a firm-fixed-price contract.