GOVCONLAW General Library

The Anti-Deficiency Act is meant to prevent federal organizations from obligating more funds than they are actually allowed to or spend funds before they have received any funds to spend.  The code states that executive agencies and their subordinates cannot: Obligate more funds than are made available to them in an appropriation or in a formal subdivision of funds (allocation,...

Termination settlement proposals are key to ensuring the contractor is adequately compensated when the Government chooses to terminate the contract for its convenience. Understanding the rules and regulations governing such settlements will help maximize recovery for the contractor. FAR 52.249-1 thru 5 and FAR Part 49.502 address terminations for the convenience of the government....

Schedules, also known as Federal Supply Schedules or Multiple Award Schedules (MAS), are long-term governmentwide contracts that the U.S. General Services Administration (GSA) has with commercial companies, to provide access to millions of commercial products and services at fair and reasonable prices to the government. Schedules make buying easy and efficient with the use...