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WOD: Weathering the Storm: How Contractors Can Prepare for Upcoming Budget Cuts 170031 5.26.2011
by Elizabeth Ferrell
Author / Presenter:Elizabeth Ferrell
Date published:May 26, 2011
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The current budget and funding crisis has created serious implications for companies performing contracts for the United States. Our federal government has performed under stop gap appropriations resolutions for over half of the fiscal year, at flat spending levels that are insufficient to fully execute many on-going contracts. Moreover, the proposed budget reflects significant cuts in funding available for procurements. As a result, the Government will be forced to take steps to reduce its procurement spending by changing or restructuring contracts. Contractors can expect contract terminations, de-scoping of quantities, and capabilities, contract stretchouts, breaks in production, and efforts by the Government to restructure contracts to make them more affordable. Accordingly, it is imperative to understand the implications of these issues, including the Government's right to take unilateral action, and to properly plan for them.

This is a downloadable product in the form of a zip file. The zip file contains the following: - File(s) to run Webinar on Demand
-1 Read Me file
-1 printable PDF file containing the Certificate of Completion and copy of the PowerPoint slides

Copyright (c) 2011 National Contract Management Association. All rights reserved. The listings and the contents of this work are proprietary and cannot be reproduced in any format without written permission from the copyright holder.

Webinar on Demand

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