Remove Bargains Remove Bidding Remove Negotiation Remove Procurement
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Who Assumes the Risk of Material Cost Increases? As Always, It Depends!

Best Practices Construction Law

In other words, you are negotiating about who takes the risk on a particular issue. The solicitation also provided historical fuel prices and usage rates for contractors to use in crafting their bids. First, contractors who regularly do business with the government should be aware of the world of public procurement decisions.

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Project Labor Agreements (PLAs): What Contractors Need to Know

Levelset

A project labor agreement, or PLA, is a prehire collective bargaining agreement that sets the wages and benefits for all workers on a project. Agree or disagree, with the passage of the 2021 federal infrastructure bill , many large federal projects will be coming to bid — and many will be subject to the PLA requirement.