No, the answer is pretty easy when the subject matter behind the question is Government Contract compliance. Normally, there is not a tool that can really duplicate the professional judgment of a GovCon expert. However, I do believe that tools can supplement knowledge and can absolutely save time and energy on some of the “mundane” processes of the compliance function.
I recently got an e-mail on a subject that I really thought everyone had “figured out” from an understanding/knowledge standpoint. When I saw “Flowdown” in the heading, I couldn’t help buy be intrigued on what kind of new take the presenters could have on the topic. I know there is a vast amount of information out there. Perhaps I oversimplify, but it seems that a little common sense and professional judgment can go a long way in determining subcontract flowdown requirements. Here at Wolters Kluwer Law & Business, we have been helping our customers easily determine whether a clause should, at a minimum, be considered for flowdown to subcontractors since August 2011. The webinar description includes determining what should be flowed down as a topic of discussion.
WKL&B has adopted “MANDATORY” and “OPTIONAL” as the two ways in which the FAR has directed a clause to be flowed down. Otherwise, the FAR has been silent, and we have left the assumptions on clause flowdown to the parties in the award.
In the past, I haven’t used this blog to push products (and I am not going to start doing so regularly), but when I saw the webinar is charging over $150 for an hour long discussion, I couldn’t help but mention this. I am sure that the information in the webinar is both timely and informative, and I highly recommend expanding your knowledge on the subject if you are deeply involved in the subcontract administration function.
The FAR Matrix tool has been instrumental in many customer’s ability to quickly and easily identify whether a clause should be flowed down or not. At the single user subscription price, the tool can easily justify the expenditure if it is used as a time saving tool on 5 awards per year!
I encourage any compliance professional to take a look at this tool. I have gotten direct feedback from customers that say it saves them 6 hours per solicitation due diligence or award definition. Depending on who does this work for your company, you could be saving hundreds of dollars per solicitation or award!