Remove 2012 Remove Contract Administration Remove Quality
article thumbnail

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. 182, 191 (2012). 143] So, it is common to include those costs in an REA, or in a follow-on mini-REA. 22, 2023), available at [link]. [21] 21] See id. [22]

article thumbnail

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

Procurement Notes

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.