When the Government is in a contract, it cannot just stop making payments. This is the general rule whether the contract is a procurement, grant, or cooperative agreement. Rather, the Government’s continued non-payment is...more
2/14/2025
/ Breach of Contract ,
Contract Disputes Act ,
Contract Terms ,
Department of Defense (DOD) ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
Government Agencies ,
Late Payments ,
Procurement Guidelines ,
Prompt Payment ,
Regulatory Requirements ,
Remedies ,
Subcontractors
Inflation is generally down from 2021, but is still high in too many places, and is expected to persist in 2023. With inflation eroding value for this long, a Government contractor may need to obtain contract relief. ...more
10/20/2022
/ Bureau of Labor Statistics ,
Consumer Price Index ,
Contract Terms ,
Department of Labor (DOL) ,
DFARS ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
Federal Procurement Systems ,
Fixed Price Contracts ,
GSAR ,
Inflation Adjustments ,
Popular ,
Price Inflation ,
Procurement Guidelines ,
Supply Chain