Traditionally, a fixed price government contract is one in which the contractor absorbs the risks and costs of performance. Absent an economic price adjustment (EPA) clause in the contract, an unforeseeable event, such as a force majeure, or government imposed contract change, the contractor is stuck with the benefit or lack of benefit of theRead More
Previously we reported on President Trump’s Executive Orders banning U.S. nationals’ investment in designated Chinese companies that pose a threat to our national security under the International Emergency Economic Powers Act. Law360 reports that under that ban a total of 44 companies were designated as Communist Chinese Military Companies (CCMCs). In addition, we reported onRead More
Numerous pieces of legislation and regulation have been issued in recent years to address the increased threats to the supply chain. We previously reported on the various aspects of the Section 889 ban on the Government and government contractors’ use and delivery of covered Chinese telecommunications and video surveillance equipment, components and services, and theRead More
Recent weeks have brought news on multiple fronts regarding supply chain risks and actions in response thereto: Commerce ICTS Regulations to Go Into Effect; Chinese ICTS Companies, Products and Services in the Headlights The Trump Administration rolled out regulations to implement prohibitions on the use or delivery of covered Chinese telecommunications and video surveillance productsRead More
If you don’t know about SolarWinds, then you haven’t been reading the news for the past six months. Last October 2020, it was reported that a widely-used networking tool that helps companies in the public and private sectors manage their Information Technology (IT) portfolios – SolarWinds Orion product — had been compromised. Publicly, it hasRead More