Limitations Of Cost Notice Obligations Must Be Met
Client Alert | less than 1 min read | 09.15.06
The ASBCA in International Technology Corp. (July 17, 2006), denied a claim for an upward adjustment above the contract's cost limitation because the contractor had inexcusably failed to comply with the Limitation of Cost clause provision requiring advance notice to the government of the projected costs over the limit. The board rejected the contractor's argument that it had to determine the allowability of its subcontractor's costs prior to providing notice, finding that notice is required when a contractor has “reason to believe” there will be a cost increase.
Insights
Client Alert | 3 min read | 02.13.26
In October 2024, the FTC adopted a final rule that substantially modified the HSR form, requiring new categories of information and documents. The final rule was the most significant overhaul of the HSR premerger notification requirements in decades. The new requirements imposed additional time and expense on merging parties, with the FTC estimating that the new form would likely take triple the amount of time to complete than the previous form. Numerous groups, including the U.S. Chamber of Commerce, sued to challenge the rule.
Client Alert | 12 min read | 02.13.26
What Organ Procurement Organizations Need to Know About CMS's New Proposed Rule
Client Alert | 9 min read | 02.12.26
Client Alert | 3 min read | 02.12.26
