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Accelerating Payments to Small Business Subcontractors

By Michael H. Payne on July 13, 2012
Posted in Small Business Contracting

By: Michael H. Payne

The recession (which really is not over, despite what the economists have to say), has led to greater emphasis by the federal government on assuring prompt payment to government contractors. In fact, on September 14, 2011, the Office of Management and Budget (OMB) issued Memorandum 11-32, “Accelerating Payments to Small…

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