Indian Incentive Program
The Indian Incentive Act, established in 1974, provided for payment of incentives to Government contractors that use Indian organizations and Indian-owned economic enterprises as subcontractors. Administrated by the Office of the Secretary of Defense (OSD) Small Business Programs (OSBP) Office, the Indian Incentive Program (IIP) is funded independently by the OSD and is not supported by the funds of the contracting agency.
As a 100% Native American owned company, Federated is eligible to participate fully in Native American contract set-asides and sole-source awards; as well as assisting our teaming partners meet their small business goals and financial incentives.
Contracting Officer’s Advantage
Contracting officers, subject to the terms and conditions of the contract, shall authorize an incentive payment of 5% of the amount paid to subcontractors that are Indian organizations or Indian-owned economic enterprises. Per DFARS 226.1, clause 52.226-1, shall be used in all solicitations exceeding the simplified acquisition threshold where part 12 procedures are not used.
Under certain circumstances, commercial products are eligible for rebate.
Prime Contractor’s Advantage
The FY 2006 Appropriations Act makes $8 Million available for incentive payments to prime contractors and to small businesses that use Indian-owned businesses or enterprises as subcontractors at any tier. The Prime may request the insertion of FAR Clause 52.226-1 and file for the incentive payment any time during the life of the contract. The present 5% rebate program started in FY97. Claims may go back to that period if the contract is open and performance is being made by the Prime. Once the contract is closed, the claim cannot be filed.
"“It is with great pleasure that I highlight the outstanding work that Federated has done in support of our group during the last year. Since Federated joined our team they have consistently excelled in their duties and made vital contributions to our critical mission.”"