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The Implementation Guide for Small Business Subcontracting Plan Questionnaire Form

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Guide of Small Business Subcontracting Plan Questionnaire Form

ok today we're going to talk about.something that Maria has been getting a.lot of questions asked on and that is.can i just sum up the whole contract I.know it may seem silly to a lot of.people out there but surprisingly enough.we've been getting that question asked.so much that apparently the rumor mill.is going around and telling people that.they can get a contract so about the.whole thing.and make money and we are here to dispel.any rumors any miss any misconceptions.again this industry can be very.convoluted but it doesn't help when.people spread misinformation and so my.job here is to rebut that information.that people are spreading and put back.into place or put back into your brains.the correct information so that you when.you're going out there and you're doing.things and you're talking to folks you.don't sound like an idiot pretty much.right we want you to have all of the.facts so that you can make the correct.decisions because again if you know how.to play the game and you know the rules.of the game then you can be successful.but if someone is giving you the wrong.rules then how can you even have a.possible chance at winning the game I.don't want to see you get in trouble I.don't want to see you on front-page news.or any local news right talking about.this contractor took a deal brokered the.whole deal and he violated them to not.to point 9:52 that to 19-4 limitations.of subcontracting so today we're going.to talk about the fact that no you.cannot subcontract an entire contract so.let's look at 52.2 19-4 limits on.subcontracting this is the part of the.regulations that talks about how it is.you're supposed to handle it when you.get a contract from the government how.do you handle performing a certain.percentage of that work now let's note.that this does not apply to unrestricted.solicitations nor does apply to some.contractors so again if it's not a small.business set-aside of any sorts or if.you are a subcontract.that got a big contract then this does.not apply to you it only applies if you.are a prime contractor on a some sort of.set-aside type of project right whether.it be small businesswoman on a a.whatever whatnot so again that's when.this thing comes into play now the.limits of subcontracting very simple it.says if you provide a service if you.have to perform a 50% of the work that's.it so if you provide a perfect service.you've got to perform 50% of the work if.you provide supplies now this one's a.little bit trickier if you provide.supplies and it says other than from non.manufacturer of supplies you've got to.do 50% of supplies now if the government.puts out a quote for let's say for iPads.or for 14 CDs or laptops a case maybe.that doesn't apply to you because you.are this other than on manufacture so.you're a non manufacturer so again in.that particular instance you could sell.them the supplies you could resell write.a product and not be part of that 50% so.that on the supply side that kind of.goes up the window because there's very.few of us or actually manufacturing that.comes into play when you are actual.manufacturer and let's say you are.making shirts for the government then in.that case you'd have to make 50% of the.shirts but if you re selling some a.product that's actually off the shelf.type of product this goes up the window.so again mostly it's got by two people.in services so who are those people of.services we're talking about janitorial.right logistics okay transportation that.kind of stuff those are services okay if.you have if you do accounting right or.if you do legal services or if you do.financial services right so those are.all services they fall under 50%.construction construction is a little.trickier construction there's.essentially there's two criteria if it's.general construction which falls under.the prefix of two three six you've got a.self perform fifteen percent of the work.if it's specialty construction which.falls in the prefix of two three eight.then 25 percent of the workers which you.have to perform specialty trades.or your trades like air conditioning.electrical and plumbing and that general.construction would be you know the big.boys right so when they give you a big.project and you've got to do multiple.trades in that project that falls under.236 and it's only 15 percent of work so.you could essentially sub out the.majority of the work now.Erik what does this mean right how do I.look at this stuff so the way that you.look at this is essentially if you get a.contract let's say $200,000 right and.it's a service contract a janitorial.contract if you get a contract for.$200,000 jam total contract then you.cannot award more than a hundred.thousand dollars up to of that contract.to subcontractors so if you get a.contract for two hundred thousand.janitorial you cannot award more than.$100,000 to subs now and you're a.hundred thousand dollars up here can be.your profit management overhead so any.100 thousand dollars can be your profit.if you got 20 percent profit right now.that takes to $80,000 of actual work.that you've got to do if you take out.your management cost maybe it's 40.thousand worth of work together makes.sense so again you technically inside of.a $200,000 contract there's gonna be.some management and there's gonna be.some profit so what we what we do is.here right if we say this is our fine.line up here inside and you're let's say.you're the prime you get to you know.inside of your 50% you're allowed to put.your profit in that 50.right so it's not that you have to do.$100,000 worth of actual work but you.cannot sub out more than $100,000 to a.subcontractor so again when you look at.it just think of creative ways in which.you can meet this goal the other thing.that you're allowed to do which I think.is something a better strategy so I'm a.visual person.okay so you got a box now let's say you.want it to let's say you're the prime.and you were gonna you have a company.that's going to do all the work for you.right so you to prime you've got a.company they're gonna do all this work.for you okay now you're the prime you're.just getting started you're a woman on.business you're an 8a your hopes on.whatever the case may be.you're like Eric but I've got a company.gonna do everything from out of it to.anything I don't have to think right.okay perfect however because of the.regulations and the rules you have to.perform 50% of the work but I tell.people that we've done in the past which.you know I highly suggest that people do.is if you've got to perform 50% of work.then what I would say is take if there's.if you know there's gonna be one two.three four folks one two three four so.the 16 people working on this job how.many people do you need to do 50% of.your work eight so what I would do is I.would hire I would literally hire eight.people onto my contract so I would go.off and I would hire eight people onto.my contract to do this work and so now.what do you have you've got eight people.that you put on your payroll that I.gotta manage this project and then you.have eight people right from the.subcontractor that is going to do their.50% work and that's one way that we can.get around hitting that 50% goal is that.we just take the people from the who was.essentially who has employees we put.them over here on our payroll right.using a payroll company.and now we've satisfied our 50%.requirement so that's another way in.which you can hit your 50% goals right.it's just take those people and putting.them over here and that's a way that you.can hit those goals and that goes for.construction as well so it same thing in.construction down here if we're looking.at it and we're saying okay in.construction I've got to do 25% of work.here right so you guys do 20% of work.well if you figure on the job you're.going to get 15 and 20% profit that.right here mostly is going to be pretty.much all profit it's gonna cover that 15.to 20 percent right so again you can.technically sub out the bulk of the work.and you're just going to make sure the.numbers make sense right but if they're.if you have a shortfall then you can do.this the same approach here which is.taking the employees from the.subcontractor putting them on your.payroll just for the pier of that.project and that would allow you to.remain compliant I know a question of.people gonna ask because I've been asked.this question before.what about 1099 1099 errs and the answer.is no a 1099 is not an employee a 1099.is technically a contractor so again.that doesn't work in this scenario you.have to put them on your payroll a 1099.as a contractor so again a 1099 for the.purpose of the IRS is what they are.someone that's not employed by your firm.that goes against the pole point of self.performing work you have to perform it.with your own labor your own staff your.own employees so 1099 errs do not count.towards the self performing and adhering.to the limitation of subcontracting that.does not work so I just wanted to come.on and share this with everyone and.dispel some of these myths that we've.been hearing out there perpetuating.months the gokon world and community and.in it and I understand it listen you.know you're getting information from.here you're getting information.over there you're getting from your.cause and you're getting it from Ray.random and all these people that may not.have already done the level of contracts.that it takes to have had to meet these.types of obligations.so again if you're dealing with really.you know much smaller type of vehicles.it pride doesn't come into play because.if you're doing a thirty thousand on the.contract and you've got itself to form.75% of thirty thousand and it's really.not that big of a deal but when you.start getting up to larger larger.contracts if you let's say on a two.hundred thousand dollar deal that's one.hundred thousand dollars worth of work.and for a lot of people that can be.challenging okay hey thanks so much just.one come on today and talk about that.Maria brought it up to me and I wanted.to address it to everyone out there and.kind of put this to rest and hopefully.answer some questions for you guys thank.you.

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Small Business Subcontracting Plan Questionnaire Form FAQs

Here are the answers to some common misunderstandings regarding Small Business Subcontracting Plan Questionnaire Form . Let us know if you have any other doubt.

Need help? Contact support

Where can I find some business people to fill out this questionnaire for my SPSS project? Questionnaire [Smartphone]

If I were you I would go to a build office building and ask. I live near many and with any luck you do to. If you want this to be accurate you need to see the people that are doing this. You need to make sure they look like the people you want to fill them out. On Quora your flying blind.

What are the good ways to fill out 1120 form if my business is inactive?

A2A - Wray Rives has great advice. I'd file an extension (form 7004) and get professional help AFTER 4/18/16. There are numerous boxes on a 1120 to be checked. On a first year return these become "elections" as to how your income will be taxed in the future AND are difficult if not impossible to change in the future. C-Corp? Have you even considered having a fiscal year end? Seek Yea a CPA. STP.

What makes a good survey question?

Research paper writing service. And remember, it be supposed to present the topic of your research paper and also make a statement about your point in relation to the topic. Your research paper declaration must inform your person who reads what the paper is about and also assist show your writing and maintain your argument listening carefully The best Research paper writing service is recognized by the best quality. Get that practice now, as a choice of seeming semi-literate later. This is a case of need to learn how to do something and learning on the job is a lot worse than study in the classroom, since once you are on the job, you will be likely to already be a normal writer. Not just the thing, but reasonable. There is countless reason for such calamity. Research paper writing service is the best one of challenge the professional academic student’s it is better to choose another site for your purpose. Have expert who can help you with your answer and can certainly find a key for your trouble. All you have to do is rest your order with occupied necessities and rest will be guaranteed by their authority writers.

How do you fill out a balance sheet for a business plan?

You can't just fill out a business plan as you need to construct it from the whole set of information that includes the profit and loss account and other items. A layman will not be able to do this properly so seek out a friend who can give you the advice on how to prepare a proper plan. Doing it in an amateur way will not impressed anyone.

What are the types of questions asked in a survey questionnaire?

There is no truly exclusive answer to this question. Having taken hundreds of surveys, I’ve found that they may contain from “yes or no” to asking you to compose a sentence/paragraph statement and anything in between.

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