Contract law issues in the news

  • What are 5 possible problems that could occur in a contract situation?

    These challenges are:

    Limited transparency on claims and service credits.Lack of supplier performance information.Unclear responsibilities in supplier disputes.No tracking of spend as opposed to the time plan.Contingency or risk mitigation plans missing.No notifications of terms, rights or obligations..

  • Contracts are important because they formalize agreements between parties, setting out terms and responsibilities.
    They play a crucial role in revenue generation by outlining payment conditions, and they improve operational efficiency by clearly stating roles and timelines.
The latest contract law news and analysis for in-house counsel. Only contracts presenting novel issues require legal team involvement 

Can a contractor protest if a key employee is unavailable?

The court’s conclusion created a split with the Government Accountability Office, which has held that a bidder must tell the agency when a key employee becomes unavailable, Amy C

Hoang of Seyfarth Shaw LLP told Bloomberg Law

A contractor, that is unsuccessful at the GAO, can then bring its protest to the court

Should contracts be extended to cover small businesses?

The extension of laws on unfair contract terms to cover small businesses, may help farmers take more control of the data their farms generate

Contracts have governed the workings of the economy since ancient times

Contract theory is about ensuring they have the right incentives

What can federal contractors learn from bid protest cases?

Attorneys for federal contractors are taking lessons from three key decisions in bid protest cases from the past year

Together, the decisions can help attorneysdecide whether an agency action is worth challenging

An unsuccessful bidder for a US Census Bureau information technology contract failed to show that the winner committed an imper…

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