DoD Issues Guidance on Inflation and Economic Price Adjustments: What Contractors Need to Know

The current high inflation rate is adversely affecting the economy, and government contracting is no exception. Consequently, on May 25, 2022, DoD issued a memorandum to help contracting officers understand when it is appropriate to recognize contractor cost increases attributable to inflation and the proper use of economic price adjustment clauses when awarding new contracts.…

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5 Ways to Protect Your Business from Supply Chain Headaches

At a glance The main takeaway: International companies face particularly challenging supply chain delays, but there are many strategies available to help minimize the impact on your bottom line. Impact on your business: Failure to perform strategic financial, tax, and business planning could leave your company exposed to longer delays and greater losses. Next steps:…

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