tjsmith1957
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tjsmith1957 started following Tax Exempt Question with Regards to a Prime Contractor
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Iam working with a Prime Contractor on a program and we have submitted our proposal. However, the Prime Contractor has asked us if we are tax exempt and we are not. The Prime Contractor states: "The Government does not add additional funding for this program to cover taxes as the Prime Contractor is tax exempt." The award will be a FFP for imagery, our pricing is all inclusive of our indirects, taxes, fee etc. This award will be a single source to my company. The Prime Contractor is asking if all items will be procured from my company or if we are utilizing subcontractors and that is what is causing the taxes. All work will be performed by my company. I am totally confused by this Prime, again my company is tax exempt so not sure what it is the Prime wants or needs from me.
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Yes this is a FAR based contract. It does not include ECMRA or SCR. It was awarded 8/31/2020. The below is what was flowed down in the actual contract award. The contract as awarded is a prime and it is about administration and how to provide the report if there is no timekeeping system etc. CONTRACTOR MANPOWER REPORTING The contractor shall report ALL contractor labor hours (including subcontractor labor hours) required for performance of services provided under this contract via the following secure data collection site: www.ecmra.mil. Reporting inputs will be for the labor executed during the period of performance during each Government fiscal year (FY), which runs October 1 through September 30. While inputs may be reported any time during the FY, all data shall be reported no later than October 31 of each calendar year.
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Under a FFP type contract as awarded DARPA flowed down the Manpower Reporting requirements. I have 3 questions: (1) Is a Manpower Report required under a FFP type agreement? (2) If the answer above is yes. If a contractor does not have their employees enter in time in a system how would they report the Manpower? (3) Is a Prime Contractor required to have a timekeeping system for the employees supporting a government contract
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Foreign (Japanese) Ownership Question
tjsmith1957 replied to tjsmith1957's topic in Contract Administration
no they are Japanese citizens -
My company is a wholly owned subsidiary of a Japanese company. I currently have two official secondees, one is CFO and EVP of our company and other person handles strategy and finance things. We have export licenses that allow them to see export controlled material, but have kept them separated from government contracts. Can these individuals review our government contracts?
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My company utilizes our PCard to process supplier payments. We currently have a supplier charging us a processing fee, is this fee chargeable back to the government?
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I am trying to locate a good Proof of Concept template. any recommendations will be greatly appreciated
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My starting point is Jan 1, it will be based on our FY. I am trying to work escalation for individual labor categories and associated rates. So for example for the first year of the 5 years I have 24 labor cateogires with associated rates, then I will need to escalate out on a weighted average the 2% for years 2 -5. I do have adequate support for the years 2 - 5 for the 2% escalation, and I have spoken in my narrative that we will do a weighted average of the 2% over the base year (Years 2 0 5)