Government Contracts Issues for a Recession
Procurement Notes
MARCH 5, 2024
43] Moreover, it is higher than the peak of the housing bubble in April 2006, when the average house cost was 6.81 107] “[E]ven if a government employee purports to have authority to bind the government, the government will not be bound unless the employee actually has that authority.” [108] times the median household annual income. [42]
52 
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