government contracting

How Long Does The Contracting Officer Have To Issue A Decision On A Contractor Claim?

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How Long Does The Contracting Officer Have To Issue A Decision On A Contractor Claim? In claims exceeding $100,000, Contracting Officers must issue a final decision within 60 days or provide a written notification within 60 days as to when such a decision will be issued (after consultation with assigned legal counsel) (FAR 33.211(c)(2)). Who

How Long Do Government Contracts Last?

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How Long Do Government Contracts Last? Paragraph 17.204(e) of the Federal Acquisition Regulation (FAR) establishes a maximum of five years, which includes the basic and all option periods, for contracts for services as well as for supplies. How long can the government extend a contract? This decision is an important reminder that pursuant to FAR