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Tag: Individual Subcontracting Report

SubK Silver Lining

The U.S. Small Business Administration (SBA) is extending the time for contractors to file Individual Subcontracting Reports (ISR) by 30 days and Summary Subcontracting Reports (SSR) by 60 days. (Small Business Administration Extension Notice, August 27, 2020)

SBA reasoned that, due to the pandemic and social distancing requirements in a number of states including the District of Columbia, many records remain unattainable. Without proper records, contractors are not able to meet reporting requirements.  New deadlines for ISRs is 30 November 2020 and for SSRs is 30 December 2020. SBA is also extending the deadline to 30 November for vendors who have recently completed contracts or will complete contracts before 30 September. No financial or liability consequences will be imposed on contractors for taking advantage of the updated deadlines.

The extension notice is being sent to those on the SBPAC list as well as all government and business personnel with a valid email in eSRS. (ibid)

Not sure if the extension notice applies to you? Give us a call.

Subcontract Reporting Extension

Due to the current National Emergency, the Small Business Administration (SBA) has announced an extension of time for filing Individual Subcontracting Reports (ISR). (U.S. Small Business Administration, April 2, 2020)

The time for filing semi-annual Individual Subcontracting Reports (ISR) has been extended until 30 June 2020. SBA is also extending the deadline to that date for filing ISRs of contracts completed between 13 March  and 31 May 2020. (ibid)

Because most states and the District of Columbia are following quarantine guidelines for residents, many records necessary for meeting these reporting requirements are unavailable. Therefore, the SBA will consider any of these ISRs submitted by 30 June 2020, to be timely. (ibid)

Questions about your ISR and when it is due? Give us a call.