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- Title
BUSTING THE "BEST EFFORT" MYTH IN CONTRACTING.
- Authors
SCHLICH, FRED
- Abstract
The article discusses misunderstanding in the best-effort term in cost-reimbursement contracts between the U.S. Department of Defense (DoD) and defense contractors. Topics discussed include Federal Acquisition Regulation (FAR) guidance for cost-reimbursement contracts, best-effort term in several clauses in FAR, and the completion and term forms in the cost-plus-fixed-fee contract type.
- Subjects
DEFENSE contracts; REIMBURSEMENT; BEST efforts (Contracts); CLAUSES (Law); DEFENSE industries
- Publication
Defense Acquisition, 2023, Vol 52, Issue 6, p14
- ISSN
2637-5052
- Publication type
Article