Remove 2006 Remove Contract Administration Remove Quality
article thumbnail

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 Additionally, generally, the reasonable costs of preparing, submitting, and negotiating an REA are contract administration costs, and consequently are also recoverable. times the median household annual income. [42]

article thumbnail

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

Procurement Notes

Alternatively, maybe the contractor can speed up delivery, assume risk of loss, make a quality improvement or otherwise perform a value-add, take on additional tasks, provide a better warranty, confer more intellectual property rights, provide free storage, give more transition support in off-ramping the contract, etc. 160 at 165. [64]