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To be at the 100-employee threshold, the employer must be a “business enterprise that employs— (i) 100 or more employees, excluding part-time employees; or (ii) 100 or more employees, including part-time employees, who in the aggregate work at least 4,000 hours per week, exclusive of hours of overtime.” [57] 33] See Fed. Bank of St.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 23] Because the test for allocability is stated in the disjunctive, a cost is allocable to a Governmentcontract if it meets any of the foregoing criteria. [24]
Understanding key clauses and provisions in the Federal Acquisition Regulation (FAR) is crucial for success in governmentcontracting. Changes Clause (FAR 52.243-1) The Changes Clause is a fundamental provision that allows the government to make unilateral changes to the contract within its general scope.
But do note that REAs above the simplified acquisition threshold submitted to agencies in the DoD require a two-prong certification. A Claim puts the government “on the clock” and establishes a fixed deadline for a formal response (typically 60 days from the date it is filed).
Jay Blindauer A contractor takes on a Governmentcontract to make money, and inflation is getting in the way. With inflation eroding value for this long, a Government contractor may need to obtain contract relief. 17] However, FAR 16.203-4 limits the use of the FAR EPA clauses to fixed-price contracts. [18]
For a Federal Holiday to apply to a contractor or subcontractor, it must be introduced through further action (such as through a contract clause or applicable wage determination). Particularly, what does the contract say? 13] Many contracts list in one of those sections the holidays that a contractor must observe. 301-11.21. [19]
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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