Remove 2004 Remove Accountability Remove Freight
article thumbnail

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. See White Sands Constr.,

article thumbnail

SBA MUST USE TAX RETURNS FOR SIZE DETERMINATIONS

Public Contracting Institute

Colossal’s accountant asserted that it is common practice for value-added resellers to calculate net revenue by disregarding the cost of goods sold. For size determination purposes, the only exclusions from receipts are those specifically provided for in this paragraph.

Freight 52