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Government Can Breach Duty of Good Faith and Fair Dealing in Indefinitely Quantity Contracts When When it Orders the Minimum Quantity

Public Contracting Institute

Second, the Board explained that ordering the minimum quantity in the contract does not conclusively end the VA’s obligations. In an IDIQ contract merely purchasing the minimum quantity required is not the only duty of the government. For other helpful suggestions on government contracting, visit: Richard D.

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Why most government contractors are feeling confident about 2025

Federal News Network

Government contractors on the whole are optimistic about future business. They expect more growth as the government adopts artificial intelligence. Generally, the government contracting markets have been relatively insulated from the economic conditions. And the government spending itself never actually goes down.

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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

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. We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits.

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What Happens When an Agency Issue Orders Under a Requirements Contract, Then Reduces Quantities and Partially De-Obligates Funds

Public Contracting Institute

Release/Waiver The government initially argued that Vectrus waived its claim in a bilateral modification. Claim for full amount in task order Vectrus claimed it was entitled to the full amount in Task Order 63, because it was a fully funded, fixed price contract that set forth definite, not estimated quantities.

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Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts

Capital Edge Consulting

Insight by: Norman McCord, Senior Manager Summary Timekeeping for government contractors is essential. Labor is among the largest contract cost recorded to Government contracts. Labor is among the largest contract cost recorded to Government contracts. What is a Floor Check Audit?

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Back to Basics: The Buy American Act

SmallGovCon

We get a lot of questions about federal government contracting as federal government contracting attorneys, which makes sense. This is also unsurprising, as the government really did not do the best job in making it clear what this act does. Looking for the latest government contracting legal news?

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Contract with the Government: Essentials for Businesses

Select GCR

Securing a contract with the government can be a game-changer for businesses, offering a stable revenue stream and growth opportunities. This article will guide you through the essentials of government contracting, from understanding different contract types to the steps required to secure a contract with government.