Thursday, September 14, 2017 3:30:28 PM
Here's a brief run down-
1) Government issues a contract vehicle.
2) Primary companies bid for that contract vehicle.
3) Primary companies use subs to fill that contract vehicle.
4) Sub contractors signed to a company may or may not get task orders. A sub contractor still had to bid against other subcontractors throughout the length of the tenure with the prime.
5) Task orders issued to subs based on subcontractor bids which are used to then meet the promised price range to the government.
It's a little more involved than that, but that's the basics.
Having a contract with a company means pretty much nothing. You can have a contract and never see a dime, the money comes from Task Orders over the course of the contract, not the contract itself.
So the contract they have could be just for this year, or for many years, it doesn't really matter. Since they have no employees and no money they can't afford to bid task orders and win them, meaning the contract they have is worth less than the paper it is printed on. You can pump all you want, but the facts are obvious.
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