Are you a small business subcontractor? Have you been enjoying accelerated payments from your prime and the government? Read Rich Wilkinson’s thought piece on the rescission of the accelerated payment policy and how sequestration could further delay payments to contractors.
Tag Archives | Small Business Subcontractors
A proposed rule publicized in the Federal Register on December 19, 2012, would add a new clause to the Federal Acquisition Regulation to require accelerated payments to small business subcontractors. The rule would implement the temporary policy provided by Office of Management and Budget (OMB) Policy Memorandum M-12-16. The proposed rule would provide Accelerated Payments to Small […]