Have you heard the phrase “Four Corners of a Contract”?  It is based on the legal principal that a document’s meaning should be derived from the document itself, i.e., from its language and all matters encompassed in it.  This means that if you have questions about performance, or change orders or even how to handle a dispute – the answer is already in your contract.  Or is it?  How well do you know and understand your contract?  If your answer is “not well”, then this is the webinar for you!

Join Jody King, Alaska APEX Accelerator, and Kim Tripp, SBA Office of Government Contracting, Area VI as they discuss:

• Legal contract structure as it both benefits and sets limits for government and contractor alike.  Why it is important to understand all four corners of the contract.
• Understanding compliance requirements: SAM, payment platforms, and reporting requirements
• Reviewing the contract scope – what are the actual minimums and maximums of performance

o   When to hit the pause button and/or simply say no

o   When is a requested change allowed?

o   What is “out of scope”

o   When to request a change order or REA

o   Addressing change when it impacts subcontractors

• Subcontractors:

o   Privity of contract – when can a sub reach out to the contracting officer

o   Prime requirement of flow down clauses

o   Learning to negotiate with a prime contractor

• Defined work statements/scope of work
• Pay when paid requirements
• Compliance and reporting requirements