Unnecessary contract duplication increases bid and proposal, contract administration and management costs for government and industry.
On April 30, 2026, President Trump signed another executive order (“EO”) that may significantly impact how the government buys goods and services.
Risk allocation is a fundamental principle in commercial contracts. Each party seeks to minimize its risk while maximizing its reward. Often, the more one party’s risk decreases, the more the other ...
In this Insight, first published in PLC, Partner Shy Jackson considers the JCT's Target Cost Contract, 2024 Edition (TCC 2024), a new addition to its 2024 Edition contract suite that reflects the ...
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