Desparado Posted March 11, 2019 Report Share Posted March 11, 2019 I saw this article on WIFCON's front page and found it confusing. I am curious what others' thoughts are on it. Pay a company $158,000 on the day of award? For what? I thought services or supplies should only be paid when the government receives the service/supply? I must be missing something but I'm not sure what I overlooked. Thoughts? https://www.af.mil/News/Article-Display/Article/1779609/inaugural-air-force-pitch-day-new-contracts-new-partners/ Link to comment Share on other sites More sharing options...
Retreadfed Posted March 11, 2019 Report Share Posted March 11, 2019 The news release is not that clear but it seems the AF is concentrating on SBIR Phase I contracts. Also, although the release does not say so, the payments probably are advance payments, a form of contract financing. Link to comment Share on other sites More sharing options...
Jamaal Valentine Posted March 11, 2019 Report Share Posted March 11, 2019 The government-wide purchase card (GPC) is routinely used to pay for services and supplies before they are received, inspected, or accepted. In this case, the first payments are for the pitch and associated data. Watch the video here. (GPC discussion starts at 10:00 and answers the question around 16:00) Link to comment Share on other sites More sharing options...
Desparado Posted March 12, 2019 Author Report Share Posted March 12, 2019 The GPC is primarily used for micro-purchases, although some agencies are using it as the payment method for larger purchase orders or contracts. This is an unusual method and it will be interesting to see how well it works down the road. Getting that large a sum of money to pitch something (or at least that's what it looks like) could be viewed as innovative, or wasteful... depending on the actual results Link to comment Share on other sites More sharing options...
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