WHAT: The March 14 funding deadline is fast approaching, and it is increasingly likely that the federal government may shut down. Although the House narrowly passed a funding bill this week, the Senate has signaled that it may not advance. In light of the late hour, a shutdown is increasingly possible if a resolution is not reached.
WHAT IT MEANS FOR INDUSTRY: Government contractors should prepare for a shutdown now, including reviewing funding, communicating often with contracting officers, and documenting key actions and any resultant costs. For more guidance on navigating a shutdown, see Wiley’s full alert from this past December.
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