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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. Wars, RS22926, Congressional Research Service, at 2 (July 29, 2010), available at [link]. [93] 92] See Stephen Daggett, Costs of Major U.S. 93] See Fed.

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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.