§1819.7206. Credit agreement.
48 C.F.R. § 1819.7206
In a MPA (as referenced in section 6 “Agreements” of the MPP Guidebook), a mentor receives credit toward its subcontracting goals. The credit agreement only applies to mentors with an Individual Subcontract Plan.
Costs incurred under a credit agreement are applied on a one-to-one basis toward applicable subcontracting goals, under a Federal agency subcontracting plan (FAR subpart 19.7).
The credit is reported on the mentor's individual subcontracting report (ISR) in the comments section twice a year and in the Summary Subcontract Report (SSR) once a year. The MPPO will verify the dollars contained in the annual reports.
Notes, amendments, and revision history
Amendments
[88 FR 69885, Oct. 10, 2023]
Source
Source: 74 FR 25672, May 29, 2009, unless otherwise noted.
Authority
Authority: 51 U.S.C. 20113(a) and 48 CFR chapter 1.
Source
Source: 62 FR 36707, July 9, 1997, unless otherwise noted.
Amendments
[88 FR 69885, Oct. 10, 2023]