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Remedies When The Government Ceases Paying a Contractor, Grantee, or Cooperatee

Procurement Notes

75] Again, the purpose of a procurement contract is for an Agency to obtain the goods, services, intellectual property, and/or construction that the Agency needs to meet its mission to the American people. [76] 76] A grant or cooperative agreement is different. 602 (1987). [82] Turner Constr. 15502, 05-1 BCA 32,924 (Mar. SECTEK, Inc.

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

Procurement Notes

For significant inflation, especially over a sustained time period where there may be multiple adjustments, the superior approach seems to be an Agency-designed clause which relies upon a cost index. This was done following the 2005 Federal Circuit decision for Tesoro Hawaii Corp. 18] See FAR 16.203-4(a)(i), (b)(i), and (c)(i). [19]