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Hi All, My questions are about the small business (SB) subcontracting requirements for an "other than small business (OTSB)" first-tier construction subcontractor (sub). From all the reading I've done so far, I have a few assumptions and some questions. I really appreciate any help as I am trying to set some sort of company policy. Because of the recent change regarding "Credit for Lower Tier Small Business Subcontracting"; I am guessing Prime Contractors (PC) will start coming after subs to get help from subs to meet PCs SB goals. Now questions; 1) Small Business Subcontracting Plan
Here's the scenario: A large business submits a contract-specific small business plan with their proposal. Prior to negotiations, two of its key small businesses become large businesses (one is purchased by large business and the other grows beyond the size requirements). The impact is sizable and there will be no chance for the subject large business to meet their goals originally stated in the proposal: Question: Is it customary to submit a modified contract-specific small business plan for the contract when this occurs since negotiations have not been completed? Thanks!