Government Contracts & Investigations

OCTOBER 11, 2023

The Cost Principles also apply to the determination, negotiation, and allowance of costs whenever required by a contract clause. [6] 7] Examples of contract clauses that incorporate the FAR Cost Principles include the Allowable Cost and Payment clause, [8] and the standard Termination for Convenience clauses. [9] 19] KBR Servs.,

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Price Government Contracts Government Government 52

Procurement Notes

MARCH 5, 2024

Additionally, generally, the reasonable costs of preparing, submitting, and negotiating an REA are contract administration costs, and consequently are also recoverable. Alternatively, it can give the contractor an opportunity to negotiate a termination-for-convenience or no-cost termination. 122] See P.R. Burke Corp.

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Government Contracts Government Government Contract 52

Procurement Notes

OCTOBER 10, 2022

John Tenaglia , who is the Principal Director of Defense Pricing and Contracting in the Office of the Undersecretary of Defense, Acquisition & Sustainment (“ OUSD(A&S) ”), provided guidance to DoD contracting offices about using EPA clauses to remedy inflation. 91, 94 (2002) (price increase is not an out-of-scope mod.

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