In Part 2 of our series on understanding fixed-price contracts, we explore what you need to know about understanding fixed-price contracts with economic price adjustments. For part one, where we explain what you need to know about fixed-price contracts, click...
Category: Government Contracting Laws
Understanding Fixed-Price Contracts
Don't understand what a contracting officer means when he or she talks about awarding a fixed-price contract? You're not alone. Here is what you need to know about fixed-contracts. Come back tomorrow for part 2, when we teach you about...
Dept. of Commerce Proposes New Business Size Rule for Commercial Fishing Businesses
The Department of Commerce and National Oceanic Atmospheric Administrative proposed a rule change on Sept. 18 to establish a single small business size standard for commercial fishing businesses. According to the Federal Register, the proposed rule change calls for the...
Contractors and Homeowners in the State of New Jersey are in a Standstill Waiting on New Flood Elevation Regulations; FEMA vs. Homeowner vs. Insurance?
"In New Jersey everything is at a complete standstill. Government contractors that are working on the devastated areas of the jersey shore are waiting to see what the new elevation codes will be. And on top of all of this,...