Overview
This section prescribes the use of Standard Form (SF) 294 for reporting subcontracting achievements across various small business categories as required by FAR Part 19.
Key Rules
- Prescribed Form: Standard Form 294, Subcontracting Report for Individual Contracts (Rev. Nov 2021).
- Scope of Coverage: The form is used to track data for small businesses, Alaska Native Corporations (ANCs), Indian tribes, Veteran-Owned (VOSB), Service-Disabled Veteran-Owned (SDVOSB), HUBZone, Small Disadvantaged (SDB), and Women-Owned (WOSB) small businesses.
- Reproduction: Local reproduction of the SF 294 is explicitly authorized.
- Regulatory Link: This section serves as the formal prescription for forms mandated by the substantive policies found in FAR Part 19.
Practical Implications
- Contractors with individual subcontracting plans must use SF 294 to provide the government with a snapshot of their socio-economic subcontracting spend on a specific contract.
- Accurate and timely submission of this form is essential for maintaining compliance with a contractor’s Small Business Subcontracting Plan and influences past performance ratings.