Posted on Sep 12, 2022

‘Extraordinary circumstances’: DoD eyes inflation relief for vendors

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SHARE OF THE DAY

‘Extraordinary circumstances’: DoD eyes inflation relief for vendors
By Joe Gould
Sep 12, 01:46 PM
A new Pentagon memo is opening the way for inflation relief for defense contractors working under fixed-price contracts.

WASHINGTON ― The Defense Department is opening the door to inflation relief for defense contractors working under fixed-price contracts in an effort to potentially “address acute impacts on small business and other suppliers,” according to a new high-level memo.

PO1 William "Chip" Nagel Lt Col Charlie Brown SSG Michael Noll Lt Col John (Jack) Christensen Cpl Vic Burk SGT (Join to see) SGT David A. 'Cowboy' Groth ] Sgt (Join to see) SPC Michael Terrell CPL Douglas Chrysler A1C Medrick "Rick" DeVaney GySgt Jack Wallace SGT Mark Anderson CPL LaForest Gray SFC David Reid, M.S, PHR, SHRM-CP, DTM PV2 Larry Sellnow MSG Darold R. PO2 Marco Monsalve SGT Steve McFarland SrA John Monette

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Posted >1 y ago

Responses: 3

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Posted >1 y ago

They don't need any relief. The tax payers do. Why are we willing to bail out the entities who are taking advantage of us?

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CWO4 Terrence Clark

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Suspect this action, if carried through, will be yet another inflation driver.

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Posted >1 y ago

Are we turning into a welfare nation for everyone who has their hand out?

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Posted >1 y ago

SFC Joe S. Davis Jr., MSM, DSL thanks for the SHARE OF THE DAY.

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