WSSC Compliance Tracking - PowerPoint PPT Presentation

1 / 14
About This Presentation
Title:

WSSC Compliance Tracking

Description:

WSSC Compliance Tracking. Bi-County Tunnel Project ... SymTrac reporting is a contract performance issue, this is stated in the ... – PowerPoint PPT presentation

Number of Views:34
Avg rating:3.0/5.0
Slides: 15
Provided by: monicadi
Category:

less

Transcript and Presenter's Notes

Title: WSSC Compliance Tracking


1
WSSC Compliance Tracking
SymTrac A Web-Based Subcontract Compliance Tool
Bi-County Tunnel Project Small, Local and
Minority Business Enterprise Office March 12,
2007
2
SymTrac A web-based subcontract compliance tool
  • What is SymTrac?
  • How does SymTrac work?
  • Is SymTrac a requirement?
  • Feature of the system
  • How to access SymTrac

3
SymTrac A web-based subcontract compliance tool
What is SymTrac? SymTrac is a web-enabled tool
designed to monitor contract compliance
requirements. Prime contractors can document
their payments to approved SLMBE (MBE SLBE)
subcontractors, and subcontractors can validate
payments received from prime contractors.
4
SymTrac A web-based subcontract compliance tool
Where does the contract information come
from? SymTrac interfaces with the Commissions
acquisition and disbursements systems to import
contract award and payment data.
5
SymTrac A web-based subcontract compliance tool
Who needs to use SymTrac? Firms who are
awarded contracts with minority subcontract
participation. The prime contractor will be
responsible for submitting the MBE subcontract
plan through SymTrac and the sub-contractor(s)
will be required to record invoices submitted to
the prime and also to verify payments received
from the prime.
6
SymTrac A web-based subcontract compliance tool
Contractor information in SYMTRAC may
be proprietary how will this data be
protected? Contractors will only be able to see
data that pertains to them. Subcontractors can
only look at the contracts where they are
subcontractors and prime contractors can only
view contracts that they have been awarded.
7
SymTrac A web-based subcontract compliance tool
  • We need the help of Prime and sub- contractors
    to make the system work.
  • WSSC IS SERIOUS
  • ABOUT COMPLIANCE

8
SymTrac A web-based subcontract compliance tool
  • Is SymTrac a Requirement?
  • SymTrac reporting is a contract performance
    issue, this is stated in the contract language in
    all contracting areas.

9
SymTrac A web-based subcontract compliance tool
  • Is SymTrac a Requirement?
  • No Notice to Proceed will be issued until an
    approved MBE or SLBE subcontract plan has been
    entered and accepted through SymTrac.

10
SymTrac A web-based subcontract compliance tool
  • Features and Functions of the System
  • Captures goals for each contract
  • Controls acceptance of subcontracting plans
  • Only certified MBEs and approved/registered SLBEs
    listed in subcontracting plan are counted toward
    meeting any contract goals.
  • Achieving goals is based on actual payments
    validated by subcontractors

Information Courtesy of Symbiont,
Inc. Confidential - Proprietary Information 2006
11
SymTrac A web-based subcontract compliance tool
  • Features and Functions of the System
  • Simplifies the reporting process for WSSC and
    vendors
  • Increases accuracy of compliance reporting
  • Gives WSSC complete transparency of our
    compliance reporting process

Information Courtesy of Symbiont,
Inc. Confidential - Proprietary Information 2006
12
SymTrac A web-based subcontract compliance tool
  • How to access SymTrac
  • Gain internet access
  • Type in https//slmbe/wssc/
  • Save as your favorite (on your first visit)
  • Type in your user ID and password

13
Your Login Your Password
Slide Courtesy of Symbiont, Inc. Confidential -
Proprietary Information 2006
14
SymTrac A web-based subcontract compliance tool
  • QUESTIONS
  • ?
Write a Comment
User Comments (0)
About PowerShow.com