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Government Contracts Issues for a Recession

Procurement Notes

bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards[,] and the continued runoff of pandemic-era backstops,” although the number of 445,186 filings was still below “the 757,816 bankruptcies filed in 2019[.]” [39] Again, negative trending, but not terrible. Idle Capacity).

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

Procurement Notes

” [5] Iron ore prices are down from 2021, but still above 2015-2019 averages. “In So, if the solicitation had language or terms that contemplated the possibility of cost volatility (notwithstanding seeking a fixed price), arguably, offerors should have anticipated the issue as a significant possibility for contract administration.

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Friday Flash 11/03/23

The Coalition for Government Procurement

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 contract administration costs. OMB concurred with the recommendation.