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

Procurement Notes

33] Also, like those FAR clauses, DFARS 252.216-7000 only allows an aggregate upward adjustment of no more than 10% (unless modified) of the original contract/order unit price, with no such limitation to a downward adjustment. [34] 57] Rather, determining whether a modification exceeds contract scope is highly fact dependent.

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Government Contracts Issues for a Recession

Procurement Notes

43] Moreover, it is higher than the peak of the housing bubble in April 2006, when the average house cost was 6.81 The Federal Government’s procurement spend in FY2023 was $765 billion ($470 billion for defense agencies), [106] and most of the procurement spend was discretionary spending. down from 5.5%