DoD is seeking public input on improving the timeliness of payments to defense subcontractors. The request for feedback published Friday July 14 in the Federal Register and stems from the Defense Contract Finance Study, which found that defense subcontractors and suppliers generally do not receive favorable cash flow benefits as consistently or to the same extent enjoyed by defense prime contractors. Input on this matter is solicited from interested parties, including current prime contractors, subcontractors, suppliers, or vendors, and potential new entrants. This is a great opportunity for small businesses in particular to have their voice heard.
Interested parties are encouraged to submit their comments within 60 days (by September 12) via the Federal eRulemaking Portal at https://www.regulations.gov/docket/DARS-2022-0012/document
