Inflation Adjustments for Defense Contractors Under Section 822 of the 2023 NDAA
By Brian Waagner on Jan 12, 2023 05:20 pm
Section 822 of the 2023 National Defense Authorization Act, Public Law No. 117-7776 (Dec. 23, 2022) provides new authority for some defense contractors and subcontractors to obtain price increases that address the impacts of inflation. The new authority is welcome relief for contractors and subcontractors holding fixed-price defense contracts, which typically do not allow a…Continue Reading…
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