What two conditions require a subcontracting plan to be submitted with an RFP or IFB?

The correct answer highlights two important criteria that necessitate the submission of a subcontracting plan with a Request for Proposal (RFP) or Invitation for Bid (IFB). Specifically, when a contract exceeds the threshold of $750,000 and includes subcontracting possibilities, it is a requirement to submit a subcontracting plan.

This requirement aims to ensure that large contracts provide opportunities for small businesses to participate as subcontractors, thus promoting fair competition and economic growth within the contracting community. The threshold of $750,000 is significant as the government recognizes this amount as a point where the complexities of the contract warrant a structured approach to subcontracting, ensuring that prime contractors are actively planning how they will engage with smaller entities in fulfilling contract obligations.

Other considerations outlined in the options do not meet the established criteria for requiring a subcontracting plan. While some may mention different dollar thresholds or conditions related to small businesses, they do not align with the specific regulatory requirements that dictate when a subcontracting plan is needed. Therefore, understanding these particular thresholds and conditions is crucial for compliance in federal contracting processes.