Entering 2023, engineering firms continue to face a historically tight labor market, salary pressures and resulting inflation industry-wide. With the implementation of the Infrastructure Investment and Jobs Act underway and demand for engineering services soaring, government contractors who want to weather this storm need to prepare and focus on developing realistic prices to perform, not just win.
Government agencies including the Defense Pricing and Contracting agency and General Services Administration have published memos and issued guidance to contracting officers that outline options available to them under the Federal Acquisition Regulation (FAR) and Economic Price Adjustment clauses. The recently enacted National Defense Authorization Act also included provisions offering additional relief.
Join us to hear from leading industry experts in contractor compliance, accounting, and the FAR to learn the latest on inflation and salary escalation and learn winning strategies to succeed in 2023. Topics include the latest federal guidance and legislation, implications for State DOTs and other local agencies, and successful strategies for firms to navigate escalation and inflation in multi-year agreements.
Presenters: John Shire, Director, Redstone Government Consulting; Jamie Brabston, Redstone Government Consulting; and Dan Purvine, CPA, President, A/E Clarity