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Civilian, FEATURED ARTICLES, Op-Ed/Blog, Sponsor/Partner

Accelerated Small Business Subcontractor Payments Extended

The government’s policy encouraging prompt payment to small business subcontractors has been extended to December 31, 2017.

In a Memorandum issued on January 11, 2017 by the Office of Management and Budget, OMB Director Shaun Donovan ordered that the popular policy be extended to the end of the year, and provided additional direction to agencies regarding their quarterly reports on implementing the accelerated payment policies.

Source: Accelerated Small Business Subcontractor Payments Extended – SmallGovCon

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