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DOING BUSINESS WITH US
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Lingual Information System Technologies, Inc.
Master Subcontract & Supplier Diversity Corporate Plan
Fiscal Years 2007 - 2010
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Subcontract Management
We promote supplier development and diversity with prime suppliers through our subcontracting policy, which specifically addresses subcontracting with SB/SDB/WOSB/VOB/SDVOSB/HUB-Zone/HBCU/MIs. Supplier Diversity subcontracting requirements are imposed on each of our subcontractors through the provisions of the purchase contract. This includes FAR 52.219-8, Utilization of Small, Business Concerns, and FAR 52.219-9, Small Business Subcontracting Plan. As such, flow down provisions will be incorporated into LinguaLISTek’s subcontracts.
When appropriate, LinguaLISTek will:
• Announce contract awards having significant subcontracting opportunities and provide technical assistance and referrals of SB/SDB/WOSB/VOB/SDVOSB/HUB-Zone/HBCU/MIs to our prime suppliers.
• Negotiate contract-specific subcontracting plans based on market research results (data collected, analyzed and documented) that support effective contract performance.
• Conduct quarterly reviews of reports on subcontracting activity required from each supplier awarded a contract valued at $500K or more.
• Conduct quarterly reviews of reports against subcontracting plans required from each supplier awarded a contract valued at $1 million or more.
• Convene meetings of top prime suppliers to ensure adequate understanding of LinguaLISTek policies and performance expectations in subcontracting.
• Obtain timely and accurate subcontracting reports from all suppliers.
• Periodically sample 5% of supplier reports to identify gaps and implement continuous improvement initiatives.
Innovative Initiatives...
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