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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.

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Government Contracts Issues for a Recession

Procurement Notes

Additionally, generally, the reasonable costs of preparing, submitting, and negotiating an REA are contract administration costs, and consequently are also recoverable. 23, 2004) (costs for idle labor caused by a Government stop work order were recoverable under a time-and-materials contract); K&K Indus.,