Federal Construction Contractors Are Faced with the Double Whammy of the Pandemic and Price Escalation: What Can Be Done?
Federal Construction Contracting Blog
APRIL 21, 2022
Delays to projects were frequent, but contractors were told that although they would be granted time extensions, these extensions would be non-compensable. The government recognized the financial impact to individuals who could not work and literally printed money to fund financial stimulus and extended unemployment compensation.
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