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A Congressional Research Service report after the 2018-19 shutdown looked at the effect on contractors. ” In addition, the Antideficiency Act also might restrict an agencys ability to obligate new funds under existing contracts.
Typically, it includes basic information: what was purchased, how much did it cost, when does the contract expire, and who holds the contract. The contractadministrator can flag whether the contract information is visible to everyone or just the company that holds the contract.
Additionally, generally, the reasonable costs of preparing, submitting, and negotiating an REA are contractadministration costs, and consequently are also recoverable. The 2/10 year yield curve has inverted six to 24 months before each recession since 1955, a 2018 report by researchers at the San Francisco Fed showed.
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. The goal is for the modification to be more of an issue of the parties responding to a performance dilemma, then it is altering the premise of the contract award.
Rather, FSS contracts include a $2500 guaranteed minimum over 20 years with the opportunity to compete for task and delivery orders. And remember, competing for orders requires consistent, long-term investment by FSS contractors above standard contractadministration costs.
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