Conference Sessions on Demand (CSoD) are recorded conference sessions from NCMA’s national conferences. Select CSoDs are available in audio sync-to-slide format. Materials include presentations as pdf files.
NEW!! World Congress 2013 sessions available in on demand format.
Sequestration: What Government Contractors Need to Know
With the 2012 presidential election months away, government agencies and contractors continue to speculate about the possible effects of sequestration. Whether sequestration will actually occur is unknown, as Congressional legislation and presidential approval of alternative deficit reductions could dramatically curb, if not eliminate, the effects of sequestration. If sequestration does occur, however, the Congressional Budget Office estimates that eligible defense programs will be cut by 10% and eligible non-defense programs will be cut by 8.5% in fiscal year 2013. Consequently, contracts should commence preparations for the possibility of drastic cuts in federal spending and position themselves to navigate in an environment of tighter budgets and increased competition. This presentation provides a background on sequestration, outlines the possible impacts on government contracts and the procurement process, and identifies key steps government contractors can take to prepare for sequestration.
Topic: Commercial and International Contracts
Session Date: Tuesday, July 31, 2012
CPEs/CLPs Earned: 1.00
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