In typical times, there is no going back after an agency tells a company their contract is being terminated for convenience of the government, which starts a settlement process cycle.
But this episode featuring Jeff Shapiro, government contracting advisory and regulatory assurance partner at CohnReznick, serves as a reminder that these are not typical times in GovCon.
As Shapiro explains to our Ross Wilkers, contractors have a Yes/No question of whether or not to go back to work after a termination reversal. If the answer is Yes, a new cycle begins that Shapiro talks through in detail.
The General Services Administration’s push to centralize much of civilian procurement under its roof features in part two of their discussion.
Trump orders structural changes to rules covering $1T in federal spending
GSA to ‘quadruple' in size to centralize procurement across the government
Proactive responses to termination for convenience or stop-work orders
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