Political Quotes

“I rise to express concerns about the Levin amendment related to Federal time and material contracts. The proposed amendment would direct that when prime contractor engages a subcontractor to augment the delivery of hours under a time and materials contract, the prime should be entitled to be reimbursed only at the price the subcontractor is billing the prime. I want to bring to the attention of the Senate the rational for the pricing of these time and materials contracts. The prime contractor must locate, negotiate and obtain the subcontractors with whom he performs the contract and assume the risk associated with his and the subcontractors performance. If a subcontractor does not perform or is substandard in its performance, the prime is responsible. If a subcontractor quits or is dismissed, the prime must find a substitute. Assuming this management role, and more importantly, the risk, is one of the reasons for the time and management contract and the blended payment arrangement. Of particular concern to me about the Levin amendment is its potential impact on small business. The proposed amendment would be counter to the President's mandate to promote small business participation in government acquisitions by de-incentivizing prime contractors from engaging subcontractors--most of whom are small businesses--in the fulfillment of their contracts. Finally, Mr.…”