Today I had to deliver unwelcome news to a client – it is costly to do this. There are essentially two buckets of costs when a lawyer delivers unwelcome news: The cost of the lawyer’s time – borne by the client The cost of a broken heart – borne by the lawyer. Read on for…
Defense contracting…not for the faint of heart for a number of reasons. Two that always jump to my mind: Defense contractors are on the front line of our national security, which if you think about it, it is sobering. ALL – THE – REGULATIONS. Combining these two means that if a defense contractor fails to…
Thoughts of suspension and debarment bring to my mind Bobby Darin’s song, Call Me Irresponsible: Call me irresponsible Yes I’m unreliable Why? Because acquisition regulations require federal government contractors to be “responsible” businesses and the Uniform Guidance regulations require the same of non-profits and other entities that are awarded federal government cooperative agreements and federal…
Stating the obvious – fixed price contracts, in their essence, are when you agree to perform services or provide goods for a fixed price. Carrying this through – if cost of performance increases – the contractor cannot increase the price – it’s a fixed price contract. Similarly, if cost of performance goes down, the government…