The Federal Acquisition Regulation (FAR), the Defense Federal Acquisition Regulation Supplement (DFARS), and agency acquisition regulation supplements require Federal prime contractors and under certain circumstances, first-tier and lower-tier subcontractors, small and large alike, to flow-down certain clauses from their Federal contracts and subcontracts when buying items from their suppliers and subcontractors. Although Small businesses are exempt from the requirement for subcontracting plans, small businesses are not exempt from flow-down requirements. Noncompliance can be costly and could result in contract termination and potential litigation between the prime contractor and its subcontractors.
Some flow-down requirements are applicable to all subcontracts and purchase orders, regardless of the dollar value of the subcontract (or purchase order), while others are tied to the simplified acquisition threshold (SAT), or other specific dollar thresholds established in Federal statute. FAR 44.101 defines “Subcontract” to include purchase orders and modifications to purchase orders.
The FAR contains hundreds ofclauses and is ever-changingSome prime contractors attempt to comply with the flow-down requirements by simply incorporating and flowing down all of the FAR, DFARS, and agency supplemental acquisition regulation clauses contained in their contracts into their subcontracts. This practice is inadvisable and can create myriad problems for both the prime contractor and subcontractors.
Complicating the matter is the lack of matrices contained within the respective regulations showing the respective flow-down requirements—but there is a product available to solve this contract administration challenge for you and Centre has negotiated the lowest rate for its attendees to use this product (see below)
What you will learn:
- How to increase your firm’s compliance and reduce its risk
- How to find and determine which clauses must be flowed-down
- How to determine if a flow-down is mandatory or optional
- Know when flow-downs must be verbatim or contain the substance of the clause
- First-tier subcontractors will learn when flow-downs to lower-tier subcontractors are required.
- How to ensure continued compliance, find when flow-down requirements are changed, such as new clauses or discontinuance of clauses
BONUS: Attendees and Centre Clients Save 20% on a FAR/DFARS/Agency Supplemental Acquisition Regulation Flowdown MatricesSubscription:
Identifying all of the flowdown clauses is time-consuming, but we’ve got you covered! Join this webinar and get a discount on a one-year Flowdown Matrices Subscription. You’ll be able to identify all flowdown clauses and receive updates throughout the year. Use this tool to increase contract compliance and reduce the risk of noncompliance—all for less than 50 cents a day! Your contract administrators will thank you. Further details about the Flowdown Matrices Subscription will be discussed during the webinar.
- No. 103—Includes the FAR, DFARS, and agency supplemental acquisition regulations for $179 – that’s less than 50 cents a day!
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Book now!Price: $295