Contracts vs. Federal Contracts

While all contracts must follow the basic rules of contract formation and consideration, federal contracts are treated differently and special rules apply to them. This is important because the government uses taxpayer funds to enter into contracts and should be entering into only those contracts that serve the public good.

→ Read More

Differences Between Federal Government Contracts and Contracts Between Commercial/Business Firms

When two commercial firms enter into a contractual relationship, their contract is governed by the Uniform Commercial Code (if applicable) as well as by relevant state common laws that apply to contracts. As long as a contract does not violate public policy and is in accordance with these and other laws (i.e., protecting shareholder interests in public companies), private parties are permitted to make any contractual arrangements they wish. When the federal government enters into a contract, however, there are very different rules that apply and there are a variety of regulatory requirements and statutes that exist that set parameters on the contractual relationship. When two private entities create a contract, they are spending their own money or, in some cases, the money of shareholders. When two private entities create a contract, they are spending their own money or, in some cases, the money of shareholders.

→ Read More

What monetary remedies can I claim for a breach of federal government contract?

If you have a government contract and the contract is breached, you may have a much more difficult time recovering your losses than you might think. Filing a claim against the federal government doesn’t typically result in payments being made, as any government contract contains clauses which protect it from suit in the case of breach or which limit or specify remedies that will be provided. In many cases, however, if you fulfill your obligation as stated in the government contract, even if the federal government altered the conditions of the contract, they will honor the payment terms specified therein.

→ Read More

When does the federal government use a procurement contract?

Most people know that the federal government buys products and services from the private sector, but not everyone understands the complexities of the “procurement process”. For business owners who are able to navigate this process, being awarded a federal contract can be very lucrative. In order to compete for a government contract, it helps to understand what procurement contracts are and when the government uses them.

→ Read More

When does the federal government use a federal grant or a cooperative agreement?

When the federal government of the United States wants to buy goods or services from the private sector, it uses a procurement contract. In a similar fashion, when the federal government wants to support the activity of a non-profit organization or a lower level of government (state, county or municipality), it can do so by awarding a grant or entering into a cooperative agreement.

→ Read More

How do I locate federal government contracting opportunities?

The government is in the market to acquire just about anything and everything, from major weapon systems to personal computers, and construction to security services. The government typically issues a written or electronic solicitation that identifies the government’s requirements and invites firms to submit proposals in response.

→ Read More