Remove 2013 Remove E-procurement Remove Freight
article thumbnail

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

Procurement Notes

Nonetheless, from 2013 to 2018, “[y]ear-over-year [wage] growth has mostly ranged between 2% and 3%[.]” [8] So, with recent wage growth of 5.5%, wage growth has been accelerating. 34] And DFARS 252.216-7000(e) gives the Contracting Officer the option of terminating the cost-increase-impacted portion of the contract/order. [35]

article thumbnail

Government Contracts Inflation Update

Procurement Notes

For example, from 2013 to 2018, “[y]ear-over-year [wage] growth has mostly ranged between 2% and 3%[.]” [27] Thus, we are presently in a time of accelerating wages. Nash previously addressed excessive deficit spending, calling it “an issue that should be of concern to all folks that work in the procurement arena.”