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Cost-of-the-work agreements (aka “cost-plus” contracts) are commonly used in commercial construction contracting to establish the terms and conditions for a project based on the cost of the work performed.[i] The…
Read MoreBy: Michelle Rosenberg, Associate, and Marion T. Hack, Partner, Troutman Pepper Hamilton Sanders LLP It is sometimes overlooked that clauses in contracts requiring performance are not treated the same in…
Read MoreLast year, the United States federal government closed the commentary period for proposed regulation Federal Acquisition Regulation (“FAR”) Case 2021-015.[i] Under this proposed regulation, large government contractors would be required…
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