Fun with the FAR Part 49

1. Prime contractors are required to use guidance in FAR Part 49 to settle subcontracts terminated as a result of modification/termination of a prime contract. FAR 49.002(b). 2. A contracting officer must obtain the prior approval of his/her “contracting office” prior...

Fun with the FAR Parts 45, 46, & 47

1. As a general rule, contractors are ordinarily required to furnish all property necessary to perform Government contracts. A contractor’s inability or unwillingness to supply its own resources is not sufficient reason for the furnishing or acquisition of Government...