Government Regulation and Public Sector Law

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The Federal Circuit Invalidates Longstanding Advance Agreement Between Government And Contractor Under FAR 31.109 At New Contracting Officer's Request
Earlier this month, the U.S. Court of Appeals for the Federal Circuit invalidated an agreement between the government and aircraft engine manufacturer Pratt & Whitney (Pratt), which set out the accounting treatment for certain overhead costs — referred to as "Drag costs" — following a prior dispute.
United States Government
AP
Arnold & Porter
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Government Contracts, Procurement & PPP

Article
The Federal Circuit Invalidates Longstanding Advance Agreement Between Government And Contractor Under FAR 31.109 At New Contracting Officer's Request
Earlier this month, the U.S. Court of Appeals for the Federal Circuit invalidated an agreement between the government and aircraft engine manufacturer Pratt & Whitney (Pratt), which set out the accounting treatment for certain overhead costs — referred to as "Drag costs" — following a prior dispute.
United States Government
AP
Arnold & Porter
See more

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