A newly revised, standard subcontract for federal work will make it easier for general contractors and subcontractors to perform government-related projects. The updated ConsensusDocs 752 Federal Subcontract Agreement is designed to address recent changes in federal contracting, such as requirements for certifying small business entities and new reporting of executive compensation requirements.

“We’re providing an essential tool for any general contractor working in the federal market. In 2012, this standard subcontract was completely updated with input from all segments of the industry to remain current and relevant to today’s federal construction practice,” says Tom Kelleher, senior partner with Smith, Currie & Hancock LLP, and the chair of the ConsensusDocs 752 Federal Subcontract Working Group.

Kelleher adds, “These updates will be especially helpful to general and specialty contractors that may not routinely perform federal government contracts, but now seek federal work in a construction market that has significantly changed since 2008. The updated agreement is designed to make it easier for contractors to comply with Federal Acquisition Regulations (FAR) as well as federal contracting preferences.”

A newly revised, standard subcontract for federal work will make it easier for general contractors and subcontractors to perform government-related projects. The updated ConsensusDocs 752 Federal Subcontract Agreement is designed to address recent changes in federal contracting, such as requirements for certifying small business entities and new reporting of executive compensation requirements.

“We’re providing an essential tool for any general contractor working in the federal market. In 2012, this standard subcontract was completely updated with input from all segments of the industry to remain current and relevant to today’s federal construction practice,” says Tom Kelleher, senior partner with Smith, Currie & Hancock LLP, and the chair of the ConsensusDocs 752 Federal Subcontract Working Group.

Kelleher adds, “These updates will be especially helpful to general and specialty contractors that may not routinely perform federal government contracts, but now seek federal work in a construction market that has significantly changed since 2008. The updated agreement is designed to make it easier for contractors to comply with Federal Acquisition Regulations (FAR) as well as federal contracting preferences.”

For additional information, visit bit.ly/consensusdocs