A continuation of the successful Government Contracts in a Nutshell, 6th, this expanded Principles of Government Contracts, 7th summarizes the Federal Acquisition Regulation System (FARS), improper business practices and personal conflicts of interest, publicizing contract actions, and competition requirements. Addresses acquisition planning, contractor qualifications, and descriptions of agency needs. Explains socio-economic policies, commercial items, contract types, options, sealed bidding, and contracting by negotiation. Reviews intellectual property, cost accounting standards, cost principles, financing, protests, disputes, and appeals. Explores research and development contracting, construction and architect-engineer contracts, inspection and warranty, value engineering, delays, suspension of work, changes and equitable adjustments, subcontracting, and government contract terminations for default and convenience.

This book is a comprehensive guide to planning and implementing government contract cost accounting, required with U.S. federal government contracts. A team of eight leading experts in U.S. government contract management, project management, government contract cost accounting, and government contract law, have worked together to develop this unique book.