Commercial Item Contracting is intended to benefit both the government and contractors, but those benefits can sometimes get lost in the shuffle. Reminding the parties why Commercial Item Contracting was implemented can help...more
2/1/2018
/ Commercial Contracts ,
Commercial Item Determinations ,
Compliance ,
Contract Terms ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
Federal Procurement Systems ,
Prime Contractor ,
Public Procurement Policies ,
Subcontractors ,
Subcontracts
Although they share an ultimate customer, the interests of a prime contractor and a subcontractor are often divergent. Careful consideration and negotiation of subcontract terms can help to ensure there is a fair balance...more