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Fixed Price Federal Acquisition Regulations (FAR)

Wiley Rein LLP

Managing the Effects of Inflation with Existing Fixed-Price Contracts: Extraordinary Circumstances, Extraordinary Relief

Wiley Rein LLP on

Monetary inflation effectively imposes a tax on just about everything we purchase. But for many years, inflation was so muted and gradual that the economy could manage it with minimal disruption or personal hardship....more

McCarter & English Blog: Government Contracts...

DoD Braces for Inflation: Guidance for Contractors Battling Rising Costs

Unless you’ve been living under a rock or on a self-sustaining deserted island, the chances are high that you have become quite familiar with the term “inflation” (i.e., the rising costs of goods and services) over the past...more

Morrison & Foerster LLP - Government...

July 2021 Bid Protest Roundup (Law360 Spotlight)

This month’s Law360 Bid Protest Roundup examines three recent decisions from the U.S. Court of Federal Claims. The first two cases highlight splits between the court and the Government Accountability Office related to...more

Morrison & Foerster LLP - Government...

All Is Not Forgiven: PPP Forgiveness And Credits

On March 23, 2021, The House Small Business, Subcommittee on Contracting and Infrastructure held a remote hearing titled: “The Interaction Between the Paycheck Protection Program and Federal Acquisition Regulations: What It...more

PilieroMazza PLLC

The Firm Fixed Price Profits Reduction Clause: Government Takes All the Benefits and None of the Risk?

PilieroMazza PLLC on

It has been well understood in the Federal Acquisition Regulation (“FAR”), and in government contracting generally, that different contract types balance the risks and rewards so as to ensure both the government and the...more

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