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Re: foxwoodsfan post# 145791

Friday, 01/12/2018 10:34:47 AM

Friday, January 12, 2018 10:34:47 AM

Post# of 183214
"Not even close. A General Contractor is a Prime Contractor. The US Government requires Prime Contractors to self-perform a minimum percentage of the work with their own forces on any given contract meaning the General Contractor has to actually be qualified to do the work and then to actually do something to earn payment." - foxwoodsfan

It depends on the requirements of the contract... I know (and have worked with) companies with government contracts that don't do any of the work... they don't have the capabilities... but they know companies that do... those companies do all the work, and the prime gets the pass-thru fee... sounds similar to what BVTK is doing... although it is called a 'finder's fee', rather than a pass-thru... but the idea is similar...

imo
BVTK