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Mastering FAR: 7 Essential Clauses for Government Contractors

Public Contracting Institute

Key elements of the Changes Clause include: Authorization for the Contracting Officer to make changes Contractor’s right to an equitable adjustment Time limits for submitting change proposals Understanding this clause is essential for effective contract administration.

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CDA Claims vs. Requests for Equitable Adjustment

LexBlog: Contracts & Procurement

Certified Claims are the primary avenue available to government contractors to recover damages due to changes, delays, inefficiencies, and other government-caused issues – a particularly important point for contractors seeking to maintain positive cashflow while facing the prospect of an economic slowdown or recession.

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Ascend Updates

Great Government Through Technology

Standardized reporting: Customers require visibility into financial information for contract administration, cost control, chargeback and budget management/forecasting (i.e., FinOps: At first, contractors were required to monitor and automatically suspend cloud services when consumption reached certain thresholds. We heard you!

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

Procurement Notes

EPA Clauses The FAR If a contractor has a contract with a Federal Acquisition Regulation (“FAR”) Economic Price Adjustment (“EPA”) clause—which was designed to protect the Government and the contractor from cost fluctuations—then at least a partial remedy should be available through that clause. [17] See, e.g., CESC Plaza Ltd.

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

Government Contracts & Investigations

Examples of contract-specific limitations on cost include negotiated dollar value thresholds for compensable changes and caps on rates proposed to make a contractor’s proposal more competitive. Many of these costs are identified as unallowable and thus not recoverable under a Government contract. Limitations in FAR Subpart 31.2

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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] Specifically, U.S.

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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.