Notification of Ownership Changes T&M SubK
Started by jtambor · Oct 26, 2013 · 3 replies
- jOriginal post
jtambor
Oct 26, 2013 · 12y ago
A company being 100% stock-acquired is a T&M subcontractor to large prime. Certified Cost or Pricing Data was not required during proposal process. Subcontract includes non-assignment clause by prime and flowdown of 52.215-19 Notification of Ownership Changes. Since the sub is being purchased in whole, assignment doesn't apply. Would a T&M subcontract be subject to postaward cost redetermination if there are immaterial ODCs, thereby requiring the notification of ownership change?
- h
here_2_help
Oct 27, 2013 · 12y ago
If the value of the ODC is truly immaterial, then I presume any G&A burden would be as well. Why do you want to torture the subK over an "immaterial" amount of money--even assuming you have the right to do so?
H2H
- j
jtambor
Oct 28, 2013 · 12y ago
Thanks H2H, your assessment makes sense. The question was for clarity's sake, as I run into this issue all the time during financial/contracts due diligence.
- R
Retreadfed
Oct 28, 2013 · 12y ago
jtambor, if the purchase is through a stock transaction, what redetermination are you talking about?