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To address cash flow challenges due to longer payment terms in government contracts, trucking companies can utilize freight factoring services, and for broader business growth, networking within the industry and leveraging financing options are essential strategies. The solution?
Since the negotiations turned out unsuccessful, the Claimant filed with the RAC to recover the debt under the contract and the late payment interest under the Thailand Civil and Commercial Code. Later, the Respondent refused to pay for the goods, since a substantial part of the goods received by the Respondent were of poor quality (rotten).
The procurement regulations permit in cases of "extreme urgency" for a contracting authority to directly appoint a contractor to provide essential works, services and suppliers under the negotiated procedure without a call for competition. There have been many cases where extreme urgency has been argued, but to date none have been successful.
We’ve had negotiations with TRANSCOM to adjust for the inflation that’s occurred. He said his company had tried other methods too, like transporting some shipments by rail or freight, but quickly abandoned them. “We Military movers, he said, need expertise in the market and “soft skills” to manage members’ expectations.
For contracts being developed or negotiated during this period of unusually high inflation, an EPA clause may be an appropriate tool to equitably balance the risk of inflation between the Government and contractor. Arguably, a negligent negotiations assertion does not alter the elements of a superior knowledge claim.
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