Avoid Costly Legal Mistakes When Drafting Your Colorado Limited Liability Company Operating Agreement What is an Limited Liability Company Operating Agreement? A limited liability company operating agreement helps business owners to form the company with documentation about the business relationships between the partners. Without it, many business owners find themselves… Read more »
Knowing what is the difference between LLC and Corp Can Mean Less Liability When You Comply with the Rules. When forming a new business, you might wonder what is the difference between a limited liability company, LLC vs Corporation. What does LLC stand for in business terms? In Colorado, and in… Read more »
Are you a large business or small business government contractor struggling to navigate the complexities of FAR. flow down clauses in Federal Government contract. Are you worried about legal trouble, including criminal charges, if you don’t understand how Christian Doctrine contracting applies? Our legal services are here to assist you… Read more »
Government contractors often find themselves in a precarious position when they file a request for equitable adjustment (Government REA Contracting Act) but later made the argument that it meets the requirements of a Contract Disputes Act claim. Understanding the applicable laws can save contractors thousands in attorney fees when seeking… Read more »
Be aware of the various legal nuances that can cost you the contract. Independent Government Contractor agreements in federal contracting have vastly different legal issues. Not only do the parties have to very careful at the bidding stages; they also have regulated approaches to subcontracts during the performance stage.Government contracts should… Read more »
What is a Common Law Contract? Common law refers to case law or precedent where decisions are made, and there is no statute governing the particular action. In common law claims in contracts, service contracts predominately stand out as an example because there is no statute that governs the rights and… Read more »
Many government contracts are subject to cost accounting standards (“ CAS ”). The nineteen CAS standards “govern the allocation of costs among the various contracts being performed by a government contractor.” While many contracts are subject to CAS exemptions, many are not. The importance of cost accounting standards and the… Read more »
In government construction contracting, a general contractor often litigates contract disputes about construction scope of work changes but often finds out after thousands in litigation costs, that it has either failed to follow FAR procedure or took a substandard technical approach to get paid. For large federal projects, the risk of… Read more »
After filing a contract claim against the government, you finally receive the bad news from the Agency – a denial of claims. 17% of government contract claims will be denied. In addition, 33.2 % of appeals to the Board shall be dismissed or denied either for lack of jurisdiction or hearing… Read more »
Being subject to the Federal Prompt Payment Act, 31 USC 3901-3905 (the “PPA” or “Act”) for government construction projects puts business owners in a financial strain when the government does not pay invoices on time. The Act was enacted to facilitate early payment to contractors when work is timely performed… Read more »