Biden's supply chain CRISIS on government contracts!
Channel: Eric Coffie
Date: 2021-10-19

How will it affect you? 

https://govconeric.com/supply-chain woes are 'high class problems'
https://thehill.com/homenews/administration/576463-white-house-says-walmart-fedex-ups-will-move-to-24-7-model-to-address

White House chief of staff Ron Klain endorsed former Obama administration economist Jason Furman's claim that the country's inflation, supply chain, and other economic problems only affect a small part of the U.S. population.

Furman, the chairman of former President Barack Obama's Council of Economic Advisers and an economics professor at Harvard University, tweeted Wednesday night that "most of the economic problems we're facing ... are high class problems."

The White House announced the update ahead of President Biden’s meeting with stakeholders, including Walmart CEO John Furner, FedEx Logistics CEO Udo Lange and UPS President of U.S. Operations Nando Cesarone, to discuss collective efforts to address global transportation supply chain bottlenecks on Wednesday.

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#biden #EmptyShelvesJoe #supplychain

52.232-14 Suspension of Work 
52.242-15 Stop-Work Order
52.242-17 Government Delay of Work
52.249-14 Excusable Delay
52.249-8,-9,-10 Default
52.212-4(f) Excusable Delay

52.249-1 Termination for Convenience of the Government (Fixed-Price) (Short Form).

The Contracting Officer, by written notice, may terminate this contract, in whole or in part, when it is in the Government’s interest. If this contract is terminated, the rights, duties, and obligations of the parties, including compensation to the Contractor, shall be in accordance with part  49 of the Federal Acquisition Regulation in effect on the date of this contract.

52.249-6 Termination (Cost-Reimbursement).

           (2) The Contractor defaults in performing this contract and fails to cure the default within 10 days (unless extended by the Contracting Officer) after receiving a notice specifying the default. "Default" includes failure to make progress in the work so as to endanger performance.

52.212-4 Contract Terms and Conditions-Commercial Items.

00:00 Start
02:21 #66 on Inc. 5000
03:55 Global Supply Chains Crisis impact
06:00 Today's Topic
09:02 Supply Chains Crisis Remedies
11:14 Biden's plan for 24/7 California port operations
15:00 How do we protect our small businesses?
18:41 What is FAR Part 52?
19:39 Roadmap
20:14 Common Remedy Granting Clauses: Changes
23:16 Remedy Granting Clauses: Delays & Stop Work
28:30 The Opportunities are greater than ever
31:44 Termination for Convenience (T4C)
34:09 Excusable Delays
36:15 Termination for Default
39:18 Most Important Point
43:28 Take Action
44:37 Recap of Terminations
50:20 I never defaulted on a contract
51:33 Turned out to be the only bidder of a multi-year contract
52:59 Take Action
55:20 This information by Crowell Moring Law Firm
59:25 YouTube Membership
01:00:47 Reach out to us
01:02:02 Wrapping Up