FCI: Federal Contracting Information What is Federally Contracted Information? The U.S. government defines FCI as “information, not intended for public release, that is provided or generated for the Government under a contract to deliver a product or service to the Government.” ...
Basically, a FSS contract is nothing buta “hunting license”– there is no guarantee the contractor will receive any orders. Granted, an FSS contract makes it easier for contracting officers to order a contractor's supplies or services. What is an FSS price? The Federal Supply Schedule (FSS)...
Excusable delays are allowed only when the delays are unforeseeable and therefore are not the fault of the contractor. The excusable delays clause in a federal government contract is similar to aforce majeureclause that is often included in a general commercial contract. General...
Compliance with federal and state laws is essential for brokerage agreements. Ethical considerations, such as avoiding conflicts of interest and adhering to industry standards, also play a vital role. For example: Insurance Industry: Most states restrict finder's fees to licensed professionals. Real ...
Plus, federal contracting is itself a supply chain. “There are only so many companies that directly do business with the federal government, and they’re going to be obviously directly impacted,” Sounil Yu, former chief security scientist at Bank of America and now CISO and head of resear...
Hire a Contractor vs. an Employee: Which Is Best For Your Business? Choosing to hire a contractor vs. an employee depends on your unique business goals and Read thisBlog Paying International Contractors: A Guide to Contractor Management
The first step in registering to participate in the $600+ Billion federal contracting marketplaceWhat is SAM Registration? The U.S. Government is the largest purchaser of products & services in the world. Businesses that are correctly registered in SAM.GOV are ready to participate in the multi...
(a)’s 6-year statute of limitations until the plaintiff is injured by final agency action.”). As Justice Jackson noted in her dissent, this decision, alongsideLoper, has the potential to create a “tsunami of lawsuits against agencies” that may “devastate the functioning of the Federal ...
The United States is likely just weeks away from the federal government reaching the maximum debt ceiling.
The 2008 financial crisis is not considered an economic collapse in terms of the American economy, but a collapse was believed to be imminent at the time. The freezing of the credit market may well have resulted in a more severe situation if not for the liquidity provided by the Federal Res...