Pub. L. 101-510, div. D, tit. XLIII (as amended)

Pub. L. 101-510, div. D, tit. XLIII (as amended)

Year: 2024Length: 370 wordsOfficial source
(l) Report by Mentor Firms.—To comply with section 8(d)(7) of the Small Business Act (15 U.S.C. 637(d)(7)), each mentor firm shall submit a report to the Secretary not less than once each fiscal year that includes, for the preceding fiscal year— (1) all technical or management assistance provided by mentor firm personnel for the purposes described in subsection (f)(1); (2) any new awards of subcontracts on a competitive or noncompetitive basis to the protege firm under Department of Defense contracts or other contracts, including the value of such subcontracts; (3) any extensions, increases in the scope of work, or additional payments not previously reported for prior awards of subcontracts on a competitive or noncompetitive basis to the protege firm under Department of Defense contracts or other contracts, including the value of such subcontracts; (4) the amount of any payment of progress payments or advance payments made to the protege firm for performance under any subcontract made under the Mentor-Protege Program; (5) any loans made by mentor firm to the protege firm; (6) all Federal contracts awarded to the mentor firm and the protege firm as a joint venture, designating whether the award was a restricted competition or a full and open competition; (7) any assistance obtained by the mentor firm for the protege firm from one or more— (A) small business development centers established pursuant to section 21 of the Small Business Act (15 U.S.C. 648); (B) entities providing procurement technical assistance pursuant to chapter 142 of title 10, United States Code; or (C) historically Black colleges or universities or minority institutions of higher education; (8) whether there have been any changes to the terms of the mentor-protege agreement; and (9) a narrative describing the success assistance provided under subsection (f) has had in addressing the developmental needs of the protege firm, the impact on Department of Defense contracts, and addressing any problems encountered. (m) Review of Report by the Office of Small Business Programs.—The Office of Small Business Programs of the Department of Defense shall review the report required by subsection (l) and, if the Office finds that the mentor-protege agreement is not furthering the purpose of the Mentor-Protege Program, decide not to approve any continuation of the agreement.
Pub. L. 101-510, div. D, tit. XLIII (as amended) | Justis AI