Attorney: Strategies can help contractors adapt to federal spending cuts

05/1/2013 | Lexology.com (free registration)

Federal contractors can take steps to limit the potential for funding shortfalls that may arise from the recent spate of federal spending cuts, a construction attorney writes. Only contracting officers can make assurances regarding future funding for a contract, and they must be notified when work on a project reaches 85% of the funds allotted, the attorney writes.

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