Federal Contract Terminations--Preparing for the New Era of Budget Cuts
September 21, 2011
The federal government is cutting costs, putting many programs and contracts potentially on the chopping block. The Budget Control Act of 2011 capped discretionary spending, cut $917 billion from the budget over the next decade, and calls for another $1.5 trillion in cuts to be determined in the coming months. In this new era of budget cuts, government programs are under increasing scrutiny and priorities are being re-examined. As a result, contractors may see their work scaled back or terminated entirely.
Crowell & Moring presents the second in our series of webinars designed to prepare you and your business for the effects of these potentially massive cuts in government spending. In this new webinar, our practitioners provide the guidance you will need to deal effectively with contract terminations and work-scope reductions.
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