When government agencies threaten termination for default, applicable regulations offer strategies and defenses to help contractors protect their interests. Because of the dire consequences that follow default...more
Unlike private parties in a contract, the government has several unique rights that allows it to avoid its contractual obligations in certain circumstances. We have written about the government’s right to terminate contracts...more
As we learned during the downturn in 2008, the economic climate can change rapidly. When things are going well, many businesses forget the lessons of the past. No matter what industry your business is in, there may be...more