Summary of Christoph Mlinarchik's Government Contracts in Plain English

Everest Media

Description

Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 My book is not a scholarly treatise with extensive citations and footnotes. It is a practical guide for the busy executive or professional who needs the bottom line up front. I deliver simple advice from an experienced insider, but I cannot cover every topic or circumstance in government contracting.
#2 Government contracting offers less freedom of contract than private sector contracting. To understand the difference, consider a contract with your imaginary company to compare to a government contract.
#3 The United States is the largest client in the history of man. Uncle Sam spends about a trillion dollars each year on government contracts and grants. The laws, regulations, policies, and court decisions heavily favor the government.

Sujets

• Government procurement

Informations

• Publié par: Everest Media LLC
• Date de parution: 10 avril 2022
• Nombre de lectures: 0
• EAN13: 9781669382188
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

Insights on Christoph Mlinarchik's Government Contracts in Plain English
Contents Insights from Chapter 1 Insights from Chapter 2 Insights from Chapter 3 Insights from Chapter 4 Insights from Chapter 5 Insights from Chapter 6 Insights from Chapter 7 Insights from Chapter 8 Insights from Chapter 9 Insights from Chapter 10 Insights from Chapter 11 Insights from Chapter 12 Insights from Chapter 13 Insights from Chapter 14 Insights from Chapter 15 Insights from Chapter 16 Insights from Chapter 17 Insights from Chapter 18 Insights from Chapter 19 Insights from Chapter 20 Insights from Chapter 21 Insights from Chapter 22 Insights from Chapter 23 Insights from Chapter 24 Insights from Chapter 25 Insights from Chapter 26 Insights from Chapter 27 Insights from Chapter 28 Insights from Chapter 29 Insights from Chapter 30 Insights from Chapter 31 Insights from Chapter 32 Insights from Chapter 33 Insights from Chapter 34
Insights from Chapter 1

#1

My book is not a scholarly treatise with extensive citations and footnotes. It is a practical guide for the busy executive or professional who needs the bottom line up front. I deliver simple advice from an experienced insider, but I cannot cover every topic or circumstance in government contracting.

#2

Government contracting offers less freedom of contract than private sector contracting. To understand the difference, consider a contract with your imaginary company to compare to a government contract.

#3

The United States is the largest client in the history of man. Uncle Sam spends about a trillion dollars each year on government contracts and grants. The laws, regulations, policies, and court decisions heavily favor the government.
Insights from Chapter 2

#1

The FAR is the book of instructions for contracting officers as to which FAR clauses to include in the contract. The FAR applies to all acquisitions conducted by the federal government. It is important for federal contractors, but only insofar as their contracts include certain FAR clauses.

#2

The entire FAR is not incorporated into your federal contract. Individual clauses are included on a case-by-case basis, depending on your contract type. Do not fall for the bluff of a FAR citation that is not in your contract.

#3

When you receive a FAR citation, check to see if the clause is in your contract. If it is not in your contract, why should you care about it. Is there a portion of your contract that incorporates that section of the FAR.

#4

You are bound by your individual contract terms, not by the FAR. You must carefully review your contracts and subcontracts before you sign anything. If your draft contract or subcontract has clauses that should not be there, strike them and renegotiate.
Insights from Chapter 3

#1

The contract negotiation process is called redlining because you trade versions of the contract with tracked changes. You receive the first version of the contract, and then you redline it by making changes. You document these alterations by using the track changes feature in your word processing software.

#2

The full text of the FAR clause is a reference to the prescription clause. The first sentence you read below the title is a reference to the prescription clause: As prescribed in FAR 43. 205(a)(1), insert the following clause.

#3

If your government contract contains a clause that is incorrect, such as the prescription clause in the example above, you must request its removal.

#4

A flow-down clause is a contract clause that a prime contractor or subcontractor duplicates in a subcontract with a lower-tier subcontractor. The clause has flowed down to the subcontractor.

#5

Be careful to avoid including unnecessary flow-down clauses in your contracts with subcontractors. Otherwise, you are accepting unnecessary risk and avoidable costs.

#6

The only way the government can ensure that FAR clauses included in the prime contract will be flowed down and inserted into the subcontracts is to force the prime contractor to do so.