News & Analysis as of September 21, 2024

Sequestration › Contractors

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Sequestration is a budget technique characterized by the implementation of automatic mandatory spending cuts if deficit levels exceed a certain threshold. The Budget Control Act of 2011 utilized sequestration to encourage Congress to cut federal spending by 1.2 billion dollars. If Congress fails to make the specified funding cuts, sequestration will kick in and automatic cuts will be made to the federal budget. A good portion of the slated cuts will come from the national security budget. less -

Government Contracts Quarterly Update - May 2014

BakerHostetler on 5/15/2014

The Government Contracts Quarterly Update is published by BakerHostetler’s Government Contracts Practice Group to inform our clients and friends of the latest developments in federal government contracting. In This...more

Five Cost/Price Evaluation Lessons From Recent Bid Protest Decisions

Troutman Pepper on 1/20/2014

Introduction - In this era of sequestration and decreased defense spending, paying close attention to cost and price issues is of paramount importance to contractors submitting proposals to the federal government. Nine...more

Sequestration and its Impact on the Construction Industry

Baker Donelson on 4/24/2013

Pursuant to the Budget Control Act of 2011, sequestration is the process by which automatic across-the-board spending cuts are being imposed on government programs. Because Congress was unable to reach an agreement by its...more

Reported Errors in Calculation of 2 Percent Sequestration

King & Spalding on 4/12/2013

One of King & Spalding’s clients reported to us that its Medicare contractor had not correctly calculated the 2 percent sequestration reduction in payments for purposes of biweekly pass-through payments. ...more

Although Funding Bill Offers Agencies More Discretion On Sequestration, Contractors Should Consider Employment Law Implications in...

Proskauer - Government Contractor Compliance... on 3/25/2013

On March 21, 2013, the House of Representatives approved a spending bill that would provide funding for the federal government through September 30. The Senate had already passed the bill and President Obama is expected to...more

Under Construction - March 2013: The Ever-Shrinking Federal Budget: Preparing for Contract Cut-Backs

Snell & Wilmer on 3/22/2013

On March 1, 2013, President Obama signed the order directing “sequestration” to go into effect. As has been repeated constantly leading up to sequestration, $85 billion will now be cut from the federal government’s budget...more

Under Construction - March 2013

Snell & Wilmer on 3/16/2013

In This Issue: - Letter From the Editor - Tips for Presenting, Analyzing and Resolving Delay and Impact Claims - The Ever-Shrinking Federal Budget: Preparing for Contract Cut-Backs - Colorado Court of...more

Over-the-Cliff: Advice to Contractors Facing Sequestration

Smith Anderson on 3/15/2013

Automatic spending cuts caused by “sequestration” went into effect on March 1, 2013, after the federal Government could not avoid or further delay sequestration as Congress and the President had agreed during January of 2013....more

Sequestration Is Here – Now What Happens to Government Contractors?

Pillsbury Winthrop Shaw Pittman LLP on 3/7/2013

On March 1, 2013, President Obama ordered the implementation of across-the-board cuts – sequestration – primarily directed to military and domestic discretionary spending because the White House and congressional leaders...more

How Sequestration May Impact Government Construction Contracts

Baker Donelson on 3/5/2013

Legal Alert: Sequestration Arrives With Federal Contractors Still Facing WARN Act Uncertainties

FordHarrison on 3/4/2013

March 1 has arrived without a budget compromise in Washington, DC. Barring a last minute deal before midnight tonight, across-the-board federal budget cuts are expected to go into effect. For employers, this will bring with...more

SEQUESTRATION: Preparing Government Contractors for Uncertainty, Cut-Backs and Contract Termination

Snell & Wilmer on 2/27/2013

Current reports from Congress suggest that “sequestration” will likely take effect as early as March 1, 2013. The sequestration is a key part of the Budget Control Act of 2011, which requires the federal government to...more

Sequestration: Funding Shortfalls and Unrequited Patriotism

Sheppard Mullin Richter & Hampton LLP on 10/26/2012

Sequestration is slated to start January 2, 2013. Under the terms of the Budget Control Act of 2011, OMB must trim $1.2 trillion evenly from the budgets of civilian agencies and the Department of Defense from 2013 through...more

An Update on Sequestration and Government Contractors

Smith Anderson on 10/23/2012

Overview. “Sequestration” refers to automatic federal spending cuts put in place by the Budget Control Act of 2011. The cuts go into effect January 2, 2013, unless Congress passes legislation to avoid that result. The...more

Client Alert: WARN Act and Sequestration—What Course to Follow?

Bradley Arant Boult Cummings LLP on 10/8/2012

If you provide goods or services to the Department of Defense as a prime contractor or subcontractor, you may be concerned about the sequestration of funds beginning January 2, 2013 and its impact on your business. Worrying...more

Sequestration Budget Cuts and the WARN Act

Morgan Lewis on 8/6/2012

On July 30, the U.S. Department of Labor (DOL) issued a "guidance" letter regarding whether federal contractors must issue written notices - pursuant to the federal Worker Adjustment and Retraining Notification Act (WARN) -...more

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Sequestration › Contractors

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