Friday, July 8, 2011

Washington Business Journal Article features CEO Lisa Martin

Small subcontractors find they may have to fight to get paid


Not until the prime contractor began questioning her company’s performance as its subcontractor did Lisa Martin, CEO of Oakton-based Leapfrog Solutions Inc., become suspicious. The company had previously given her only glowing reviews, and the reversal came after Martin inquired about some overdue invoices.

“They changed their tune right after I asked about payments they owed for work we had already completed,” she said. “That was a big red flag.”

While federal acquisition regulations require agencies to pay their prime contractors within 30 days of receiving an invoice, there are no regulations that set a deadline for primes to pay ...

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