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Government Contracts Issues for a Recession

Procurement Notes

It is the difference between that which a facility could achieve under 100 percent operating time on a one-shift basis, less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays, and the extent to which the facility was actually used to meet demands during the accounting period.” [134]

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

Procurement Notes

That way, price adjustments can expediently be made, and contract performance can progress, without the contracting office and the contractor driving themselves mad over constant accounting drills. Which is not what the parties want to do for a fixed-price contract. 1) A FAR EPA clause cuts both ways.