KayDev Technology, LLC (KDT) is a Native American Indian, Service-Disabled Veteran Owned, and Minority Business Enterprise Small Business that provides Information Technology and multi-vertical service and commodity solutions for government and commercial clients throughout the world.
Overview of DoD Indian Incentive Program (IIP)
As a Native American owned business, KayDev Technology as a subcontractor or teaming partner can enable a prime contractor under a DoD contract with the applicable FAR clause to receive the 5% cash rebate payable under the Indian Incentive Program. Established in 1997, the congressional sponsored DoD Indian Incentive Program is funded annually and is a catalyst for teaming and subcontracting by Native American companies.
Department of Defense Indian Incentive Program
Department of Defense contracts with prime contractors that contain the FAR clause 52.226-1, Utilization of Indian Organizations and Indian-owned Economic Enterprises are eligible for a 5% incentive payment. The program is funded independently by the Office of the Secretary of Defense (OSD) and is not supported by the funds of the contracting agency. The Appropriations Act makes $8 Million available for incentive payments to prime contractors and to small businesses that use Indian-owned businesses as subcontractors at any tier. (For actions after 13 September 2001, sub-tier contractors who subcontract to an Indian-owned firm are eligible for the incentive payments by the Prime inserting DFARS Clause 252.226-7001 in the contract).
The Indian Incentive Act allows for an incentive payment to the prime contractor equal to 5% of the amount paid to an Indian-owned firm during execution of the contract. The clause enabling incentive payments may be added to a contract at anytime during the performance of the contract. The definition of an “Indian-Owned Economic Enterprise,” is any Indian-owned (as determined by the Secretary of the Interior) commercial, industrial, or business activity established or organized for the purpose of profit, provided that the Indian ownership constitutes not less than 51% of the enterprise.
What steps are involved in getting the 5% rebate?
Prime contractors will need to submit a request citing the FAR/DFAR Clause(s) in the DoD contract with the following:
The DoD will review the documents submitted, and once approved, send the prime contractor the 5% rebate funds.
How can I learn more about the DoD Indian Incentive Program?
The staff at KayDev Technology, LLC can answer any questions you may have regarding participation in the incentive program so please contact us at email@example.com or visit the Department of Defense Indian Incentive Program https://business.defense.gov/Programs/Indian-Incentive-Program/