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Jay Blindauer Whether a procurement, grant, or cooperative agreement, [1] if the at-issue arrangement qualifies as a contract, the Government cannot simply cease performing contract payments. Procurement Remedies Starting with a procurement contract, there are multiple recourses to Government non-payment.
34] And DFARS 252.216-7000(e) gives the Contracting Officer the option of terminating the cost-increase-impacted portion of the contract/order. [35] However, “[CICA sets forth no standard for determining when modification of an existing contract requires a new competition or falls within the scope of the original competitive procurement.” [57]
The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.” [50] Nash previously addressed excessive deficit spending, calling it “an issue that should be of concern to all folks that work in the procurement arena.”
The Coalition for Common Sense in Government Procurement: A Reaffirmed Commitment 2024 marked the 45 th anniversary of the Coalitions founding, a significant milestone in our journey of advocating for sound federal procurement policy on behalf of the American taxpayer and our members.
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