Contract Types Part 1 – Firm Fixed Price and Cost Reimbursement

There are many contract types and many paths to being a successful vendor. Today we will discuss the top contract types. Contract types are prescribed by Federal Acquisition Regulation or FAR Part 16, aptly titled Contract Types. The selection of a contract type requires negotiation and the exercise of good judgment. A contracting officer generally … Read more

How Does the National State of Emergency Affect Federal Contracting?

President Trump’s declaration of a national emergency due to COVID-19 creates some changes in the world of government contracting. While a lot of things are in flux these days, here are a few things you need to know about how federal contracts are impacted: The Presidential Emergency Declaration due to the global pandemic means that … Read more