25 days and counting, the partial government shutdown has left many federal employees with an endless weekend and no paycheck.
While those workers grapple with the financial hardship and uncertainty as Congress and the Administration try to reconcile their differences, contractors working under a government contract may be forced to deal with their own issues.
Government contractors may feel the impact of the shutdown in three primary ways: 1) availability of funds, 2) financing performance of the contract, and 3) handling financial responsibility for an idle workforce.
Keep reading this article at: http://www.mondaq.com/article.asp?articleid=773342
See our earlier article on this subject at:
- What to expect during a government shutdown: Submitting bids, getting paid, and more – https://gtpac.org/2018/12/31/what-to-expect-during-a-government-shutdown-submitting-bids-getting-paid-and-more/
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