Modification of a Small Business Plan

[Patrick Mathern]

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!

[Guest Vern Edwards]

Please confirm:

1. By "small business plan," do you mean small business subcontracting plan, in accordance with FAR Subpart 19.7?

2. And, when you say "negotiations" have not been completed, do you mean competitive negotiations -- source selection pursuant to FAR Subpart 15.3 -- or do you mean sole source negotiations?