Better RFP Responses & Management
 
Term: Industrial and Regional Benefits (IRBs)

Term: Industrial and Regional Benefits (IRBs)

Benefits accruing to defined regions of Canada from a Canadian government policy requiring a contractor awarded a defence or security contract to award subcontracts to Canadian industry to the same dollar value as the prime contract.

Also used to mean the dollar value of said subcontracts.

Also used to refer more loosely to requirements to commit to such a benefit in an RFP.

Drive what looks to the uninitiated like onerous reporting, both in the proposal and throughout the contract term.

Acronymized as IRBs; pronounced by spelling it out.