Blog

On September 9, 2022 the Department of Defense (“DoD”) issued updated guidance for DoD contracting officers regarding approaches for addressing inflation related to firm-fixed-price contracts.

According to DoD’s press release, the guidance, issued by John M. Tenaglia Principal Director, Defense Pricing and Contracting, is based on “feedback” from DoD acquisition executives about how inflation is presently affecting defense contractors and their ability to perform under firm-fixed-price contracts.

Under firm-fixed-price contracts, the contractor ...