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Government Contracts Issues for a Recession

Procurement Notes

The Federal Government’s procurement spend in FY2023 was $765 billion ($470 billion for defense agencies), [106] and most of the procurement spend was discretionary spending. So, given that discretionary spending is more likely to be cut than mandatory spending, procurement spending cuts will be part of any significant budget cuts.

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

Procurement Notes

33] Also, like those FAR clauses, DFARS 252.216-7000 only allows an aggregate upward adjustment of no more than 10% (unless modified) of the original contract/order unit price, with no such limitation to a downward adjustment. [34] 57] Rather, determining whether a modification exceeds contract scope is highly fact dependent.

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Friday Flash 11/03/23

The Coalition for Government Procurement

Background, of PAP 2021-05. While the PAP’s Background section cites this definition of what is “fair and reasonable,” the PAP’s “guidance” sets standards and directives that raises questions whether, when read as a whole, it provides guidance that will result in a price and terms that are fair to both parties in a transaction.

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Friday Flash 03/14/2025

The Coalition for Government Procurement

An anonymous source stated that GSA plans to assume the contracting functions at several pilot agencies by March 30 including the Office of Personnel Management, the Department of Education, the Small Business Administration, and the Department of Housing and Urban Development. Click here to view the 2024 Year in Review.