Pricing, Sourcing, Socio-Economic Issues, and Workshare - Session 3 - Subcontracting for Primes and Subs Series 2025

Successful Federal Procurement Subcontracting - Prime and Subs Webinar Series - 2025
Title: Pricing, Sourcing, Socio-Economic Issues, and Workshare - Can't We Just Be Friends? (Session 3 of Subcontracting for Primes and Subs Series 2025)
In federal government contracting, government customers are required to purchase their requirements at a "fair and reasonable price". This requirement imposes obligations on U.S. Government prime contractors to seek and obtain products, services, research and development, and other deliverables from subcontractors at "reasonable" prices while simultaneously complying with numerous legally and regulatorily mandated socio-economic objectives, such as by subcontracting with small businesses, women-owned businesses, veteran owned businesses, HUB-zone businesses, etc.; by paying federally mandated wage rates; by purchasing products satisfying "Buy American" and "specialty metals" requirements; and more. These requirements increase costs, complicate performance, and increase immensely the difficulty of dealing with U.S. Government customers and their associated prime contractors. This session will explore unique requirements associated with selling to the U.S. Government and purchasing from associated prime and subcontractors.
Learning Objectives: This session will identify and explore challenges associated with the solicitation and award of U.S. Government prime contracts and their associated subcontracts.