Making a List and Checking It Twice: New Rule Requires "Adequacy Checklist" with Forward Pricing Rate Proposals
Client Alert | less than 1 min read | 01.09.15
On December 11, 2014, DoD issued a final rule to instruct COs to request that contractors submit a Forward Pricing Rate Proposal "Adequacy Checklist" when submitting their FPRP. Under the rule, both the FPRP and the Adequacy Checklist are due at least 90 days before the proposed effective date of the rates, and DoD cautioned that "the proposed rates are based on forecasts and contractors must provide updates whenever the validity of the agreement may be affected."
Insights
Client Alert | 5 min read | 07.25.25
The Changing Face of UK Defence and Security
On 2 June 2025, the UK Government unveiled its 2025 Strategic Defence Review titled the “Plan for Change for Defence” (the “2025 SDR”), heralding it as the dawn of a new era in British defence and security. Hailed as a landmark by the Prime Minister, the 2025 SDR underscores the urgent need to address daily cyber threats and embrace the rapid evolution of technology that is reshaping the battlefield. It also emphasises both the necessity of and the opportunities that this approach affords to create a new partnership with industry and radically reform procurement, leading to the creation of a “defence dividend” of jobs, wealth and opportunity throughout the UK.
Client Alert | 1 min read | 07.24.25
Commission In Limbo: SCOTUS Puts CPSC Commissioners Back Out of Action
Client Alert | 3 min read | 07.24.25
UK Government's take on ransomware: Insights from the recent consultation
Client Alert | 4 min read | 07.24.25