SmallGovCon

MARCH 22, 2024

Requests for equitable adjustment are considered negotiations rather than litigation, and under FAR 31.205-33 , contract administration costs are allowable costs. Generally, costs in preparing requests for equitable adjustment are considered part of the negotiation process, and so are considered contract administration costs.

Negotiation 90

Negotiation Contract Administration Government Contracts Contract 90

Procurement Notes

OCTOBER 10, 2022

According to Deltek’s 2022 Government Contracting Industry Study , in 2021, “[m]edian profit margin was higher (15%) compared with what has been observed since 2012 (6-10%).” [10] Which is not what the parties want to do for a fixed-price contract. and extending the delivery schedule was a major change to the contract.

Government 40

Government Government Price Contract 40

Procurement Notes

MARCH 5, 2024

It is the difference between that which a facility could achieve under 100 percent operating time on a one-shift basis, less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays, and the extent to which the facility was actually used to meet demands during the accounting period.” [134]

Government Contracts 52

Government Contracts Government Government Contract 52