Remove Electronics Remove Price Negotiation Remove Thresholds
article thumbnail

Top Rules for Government Contractors: Essential Knowledge for Compliance

Select GCR

The Impact of the Federal Acquisition Streamlining Act (FASA) The Federal Acquisition Streamlining Act (FASA) revolutionized the federal procurement process, significantly reducing bureaucracy and transforming acquisition to electronic commerce.

article thumbnail

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] Not easy to do.