that it will be able to meet the exempted capability requirements within 180 days after the contract award date. The certification shall include a detailed project and financial plan outlining the tasks to be completed, milestones to be achieved, and resources required. (4) Monitoring and compliance (A) In general The contracting officer for a contract awarded pursuant to a waiver under paragraph (1) shall closely monitor the contract performance of the covered small business to ensure that sufficient progress is being made and that any issues that arise are promptly addressed. (B) Failure to meet capability requirements If a covered small business awarded a contract pursuant to a waiver under paragraph (1) fails to meet the requirements promised in the certification required under paragraph (3) within 180 days, the covered small business shall be subject to disqualification from consideration for future contracts of similar scope pursuant to Termination for Default provisions under subpart 49.4 of the Federal Acquisition Regulation. (c) Covered small business defined In this section, the term covered small business means— (1) a nontraditional defense contractor, as that term is defined in section 3014 of title 10, United States Code