Oklahoma program pays primes for job creation

In the fight to attract companies and create jobs, Oklahoma has launched the PrimeWIN program to give federal contractors incentives to bring work to the state.

The Boeing Co. is the first participant in the program in which the state offers a rebate to prime contractors who hire subcontractors working in Oklahoma.

“We’ve made it easier for federal prime contractors to increase their profitability and cost competitiveness while benefiting from quality subcontractors with small and mid-sized Oklahoma businesses,” Gov. Mary Fallin said in a statement at the 11th annual Oklahoma Aerospace Summit and Expo in Tulsa.

The state will pay prime contractors a cash rebate of up to 2 percent of the Oklahoma workforce qualified labor costs. The rebate is paid quarterly for up to 10 years.

The prime contractor does not need to be located in the state, only use subcontractors working in Oklahoma.

Under the program, Boeing is expected to subcontract aerospace engineering work on the E-4B National Airborne Command Post aircraft in Oklahoma City. About 34 engineers and support personnel will qualify, the state said.

“Having a solid and reliable supply chain is very important in our business,” said Mike Emmelhainz, Boeing's Oklahoma City site director. “We must meet schedule requirements for critical defense aircraft, as well as keep them ready to fly for our U.S. Air Force customer, and we rely on our subcontractors to help us meet those deliveries and standards,”

State officials estimated that 600 to 700 companies are qualified to work as subcontractors to federal primes in areas such as aerospace, defense, IT and telecommunications.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH
contracts DB

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Sequestration, LPTA and the Top 100

    Join Washington Technology’s Editor-in-Chief Nick Wakeman as he analyzes the annual Top 100 list and reveals critical insights into how market trends have impacted its composition. You'll learn what movements of individual companies means and how the market overall is being impacted by the current budget environment, how the Top 100 rankings reflect the major trends in the market today and how the biggest companies in the market are adapting to today’s competitive environment. Learn More!