Sample AWARD OF SUBCONTRACT Clause in the Contract
March 12, 2011
AWARD OF SUBCONTRACT
1 In the event that the Prime Contractor is awarded the Prime Contract for this Program, each Team Member agrees to negotiate in good faith and proceed in a timely manner to execute a mutually acceptable subcontract for the work to be performed by the Subcontractor and identified in Exhibit A.
2. The Team Members acknowledge that the subcontract, and any modifications thereto, may be subject to the consent or approval of the Customer. The Prime Contractor agrees to use all reasonable efforts to secure such consent or approval.
3. The subcontract shall include terms and conditions that are required to be flowed down by law, regulation or the Program, such other provisions as the Prime Contractor may reasonably require for the performance of its obligations under the Prime Contract, as well as such other provisions upon which mutual agreement is reached.
4. The award of the subcontract contemplated under this Agreement is subject to all the following conditions:
4.1.1. Award of a Prime Contract to Prime Contractor;
4.1.2. Inclusion in the Prime Contract of subcontract requirements that are substantially similar to those proposed under this Agreement and the Program;
4.1.3. Furnishing by the Subcontractor to Prime Contractor all certifications, representations, and cost and pricing data or basis for exemptions as required by applicable law or regulation, by the Program, or by the Prime Contract;
4.1.4. Customer’s specific approval of Subcontractor as a subcontractor, if required, which approval Prime Contractor shall make a good faith effort to obtain; and
4.1.5. Mutual agreement of the parties to the statement of work, financial terms, and contractual provisions
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