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Mastering FAR: 7 Essential Clauses for Government Contractors

Public Contracting Institute

Understanding key clauses and provisions in the Federal Acquisition Regulation (FAR) is crucial for success in government contracting. 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.

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CDA Claims vs. Requests for Equitable Adjustment

LexBlog: Contracts & Procurement

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).

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Government Contracts Issues for a Recession

Procurement Notes

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.

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Government Contracts Cost and Pricing: Introduction to the Federal Acquisition Regulation Cost Principles (Part 1)

Government Contracts & Investigations

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 Government contract if it meets any of the foregoing criteria. [24]

Price 52
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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

Jay Blindauer A contractor takes on a Government contract 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]

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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.

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Juneteenth is the 11th Annual Federal Holiday: Things for the Government Contractor to Think About

Procurement Notes

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]