Government Contracts Issues for a Recession
Procurement Notes
MARCH 5, 2024
107] “[E]ven if a government employee purports to have authority to bind the government, the government will not be bound unless the employee actually has that authority.” [108] 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.
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