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They aim to strike a balance between the sanctity of contracts and the flexibility needed in exceptional circumstances. A testament to this is the common contractual provision in Brazil, deeply rooted in the nation’s tumultuous relation with hyperinflation, which stipulates a monetary correction index to adjust prices for inflation.
on agent’s fees, transfer pricing, employment, etc.), Provisional measures can be awarded, applying the classic criteria in arbitration of risk of irreparable harm, chances of success and balance of the parties’ interests. Awards are generally published. based on arbitration clauses included in contracts.
One could be forgiven for simplifying the goal of procurement to ensuring that public money is well spent , which could be further elaborated (following Schooner 2002 ) to encompass promoting integrity and value for money in the award of public contracts, and acting transparently to facilitate accountability.
Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7
The Government cannot TFC a contract in bad faith, or as an abuse of discretionsuch as to get a better price, or where the Government formed the contract with no real intention of seeing it through. [59] Generally speaking, the Government seeking to balance the budget is laudable. It merely solves a problem with a problem.
Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”) Consumer Price Index for All Urban Consumers (“CPI-U”). 3] Because economists often consider food and energy prices to be too volatile, they may pull those items out to see what is called “core inflation.” [4] Here, I provide some of the latest information and updates.
.” OFCCP is now prohibited from enforcing affirmative action, promoting diversity or “allow[] or encourage[] Federal contractors and subcontractors to engage in workforce balancing based on race, color, sex, sexual preference, religion, or national origin.”
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