SYMTRAC

Owner

Goods & Services

SymTrac is a web-enabled management tool designed to monitor federal, state, or city mandated contract compliance requirements within an organization or agency; SymTrac tracks subcontract participation requirements for minority, woman, and disabled owned businesses, and other targeted groups; Through the distributive power of the Internet, SymTrac captures compliance data in real-time, thus enabling timely and meaningful compliance reports; SymTrac automatically determines the compliance status of the prime contracts based on the validation, by subcontractors, of actual documented payments; Subcontracting plans, vendor certifications, payment histories, and past performance are all captured and make readily available for reporting and analysis; Additionally, SymTrac produces reports by a variety of factors, such as funding source, contract type and commodity codes; the number and value of prime contracts; the number and value or subcontracts; and prime contracts and subcontracts by targeted groups