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Indian Incentive Program

The Indian Incentive Program enables prime contractors and small business for Federal Agencies to receive a bonus payment of 5 percent of the subcontract cost when they subcontract to Indian-owned firms. The Greenwood Group is a qualified Indian Incentive subcontractor.

Federal Agency contracts with Contractors, regardless of size of the company, that contain the FAR clause 52.226-1, “Utilization of Indian Organizations and Indian Owned Economic Enterprises”, with the exception for commercial items, are eligible for incentive payments under this program. These contracts require contractors to use their best efforts to give Indian organizations and
Indian-owned economic enterprises the maximum practicable opportunity to participate in subcontracts awarded to the fullest extent consistent with efficient performance of the contracts).

Contracting officers, subject to the terms and conditions of the contract, shall authorize an incentive payment of 5 percent of the amount paid to subcontractors that are Indian organizations or Indian-owned economic enterprises.

Indian Incentive Program click-through link