Remove 2003 Remove Capacity Remove Contract Administration
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Government Contracts Issues for a Recession

Procurement Notes

Idle Capacity). Idle capacity “means the unused capacity of partially used facilities. 135] Hence, generally, the cost recovery for idle or underutilized equipment follows the principles behind an idle facility and idle capacity. 106] Justin Siken, Record $765B in Federal Contracts Awarded in 2023, highergov.com (Jan.

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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

So, if the solicitation had language or terms that contemplated the possibility of cost volatility (notwithstanding seeking a fixed price), arguably, offerors should have anticipated the issue as a significant possibility for contract administration. and extending the delivery schedule was a major change to the contract.