Contractor Accountability: Attorneys Predict More Risk, Less Reward For Government Contractors in 2012

Washington, D.C.-based Government Contract Group attorneys are quoted in BNA’s Federal Contracts Report’s coverage of a recent webinar conducted by the group titled, “What Will the New Year Bring for Government Contractors.”

According to senior counsel W. Stanfield (Stan) Johnson, “The procurement climate in 2012 will be marked by less business as program cuts and terminations grow. The contracts you get will be riskier. Firm-fixed price contracts will increase, while cost reimbursement contracts will decline.”

Additional Crowell & Moring attorneys cited in the article included Government Contracts Group chair Angela B. Styles, partners J. Chris Haile and J. Catherine Kunz, and counsel Robert J. Wagman.