Creating Economic Opportunity for Native Businesses
The Indian Incentive Program (IIP) is a congressionally sponsored program that provides a 5% rebate back to the prime contractor on the total amount subcontracted to an Indian-Owned Economic Enterprise or Indian Organization. It is administered by the Office of the Secretary of Defense Small and Disadvantaged Business Utilization Office.
The Indian Incentive Program's goal is to fulfill the purpose as an economic multiplier for Native American communities. Department of Defense (DoD) prime contractors, regardless of size of contract, that contain the above referenced clause(s) are eligible for incentive payments.
DoD prime contractors with a contract of $500,000.00 or more, that contain the above referenced clause(s), are eligible for incentive payments.
Prime Contractor Action Items
Prime Contractors to submit requests for Indian Incentive Payments to DoD Contracting Officers. Requests must include the following:
1. Copies of certification of 51% ownership from all eligible subcontractors and copies of certification of tribal, Native Alaskan, or Native Hawaiian enrollment from all eligible subcontractors OR completed self-certification form.
2. Copies of all eligible subcontractors’ invoice receipts. The prime must supply an invoice summary sheet that lists invoices by number and explains the 5% rebate amount.
3. Request letter that:
· States subcontractor’s status as an Indian, Native Alaskan, or Native Hawaiian-owned enterprise.
· To find out more on how DienInc can support your procurement goals, please contact Dien Stout firstname.lastname@example.org