Christine Garson and Shaun Kennedy | Holland & Hart On November 14, 2022, the Federal Acquisition Regulation (“FAR”) Council issued a proposed rule that may require certain federal contractors to disclose their greenhouse gas (“GHG”) emissions and associated financial risk. The proposed rule also establishes science-based targets for reduction of GHG. This rule implements the inventory… Continue reading Proposed FAR Rule Creates Climate-Related Inventory and Disclosure Requirements for Federal Contractors
Tag: Federal Contractors
Material Escalation: A Difficult Road to Recover Costs
David Timm | Fox Rothschild The annual inflation rate in the United States rose 7% in 2021, its highest rate since 1982. The construction industry has not been immune from this general trend, with steel prices rising 200% and lumber prices soaring as high as 288% at different points in 2021. Usually when confronted with… Continue reading Material Escalation: A Difficult Road to Recover Costs