Strafford Webinar – Incorporating FAR Subcontractor Flowdown Terms in Government Contracts: Guidance for Primes and Subs
Webinar Event: Thursday, March 7, 2019
Protorae Law Government Contracts partner Devon Hewitt, along with Holland and Knight associate Elizabeth Jochum, will present at the upcoming Strafford webinar, “Incorporating FAR Subcontractor Flowdown Terms in Government Contracts: Guidance for Primes and Subs,” on Thursday, March 7th.
A marked increase in federal procurement spending during the past two years has fueled a surge in federal government contracting opportunities. From government-wide acquisition contracts to small business and simplified acquisitions, spending is on the rise. But doing business with the federal government generates a highly specialized set of legal issues, particularly given the current emphasis on oversight, compliance and mandatory disclosure of wrongdoing.
Under a U.S. government prime contract, subcontract management is a hybrid of the company’s commercial subcontracting requirements and those of the federal government. “Flow-down” provisions remain one of the most challenging aspects of government contracting, with consequences that reach beyond subcontract compliance and which can affect every aspect of both the prime contractor’s and subcontractor’s business.
Listen as our seasoned panel of practitioners explains the unique requirements and legal risks of subcontracting with government contractors and provides unique insights for prime contractors and subcontractors when negotiating flow-down terms that result in high-yield, low-risk government contracting.
The panel will review these and other key issues:
- Understanding the purpose and procedures regarding FAR clauses and the need to “flow-down” these clauses in various types of subcontracts
- Understanding the implications of including or omitting certain “flow-down” clauses in federal subcontracts
- Understanding the impact of FAR flow-down clauses in a subcontract on other, primarily commercial, subcontract provisions
- Understanding the most efficient and effective way to negotiate the “flow-down” of prime contract FAR clauses to subcontracts