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Subcontracting: What Opportunities Exist for Subcontracting?The Department of Defense (DOD) requires major prime contractors and subcontractors receiving contracts valued over $500,000 and $1 million for construction to develop plans and goals for subcontracting. In 2009, this requirement generated a significant subcontracting market with prime contractors awarding $80 billion in subcontracts, of which $25 billion was awarded to small business firms. ^ |
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