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] Like the FAR EPA clauses, the DFARS EPA clauses are intended for fixed-price contracts. [32] Now, compare the foregoing to contractor profits.

Government 40

Government Government Price Contract 40

Procurement Notes

MARCH 5, 2024

Additionally, generally, the reasonable costs of preparing, submitting, and negotiating an REA are contract administration costs, and consequently are also recoverable. Alternatively, it can give the contractor an opportunity to negotiate a termination-for-convenience or no-cost termination. 182, 191 (2012).

Government Contracts 52

Government Contracts Government Government Contract 52