The concept of “Good Faith Effort” came up in episode 481 (What goes in a Subcontracting Plan?). The context of “Good Faith Effort” in that episode was around the prime contractor being required to make a “good faith effort” to award subcontracts to small business in accordance with their subcontracting plan. Simple enough.
But what exactly does “Good Faith Effort” mean? What is good enough effort? What is not? Lucky for us, the FAR has some guidance on what the contracting officer can consider to be a “good faith effort” and what would be considered not a “good faith effort.”
Since it’s Christmas time, we call the former the “Nice List” and the latter the “Naughty List”. In this episode, we cover the “Nice list.” In the next episode we’ll cover the “Naughty list.”