In this session, our highly experienced government contracts practitioners from BakerHostetler's preeminent national government contracts practice will walk the audience through the FAR clauses addressing the U.S. Government's rights when terminating a contract for default or convenience, the procedures that must be followed, contractor rights when facing such, and practical guidance. After this webinar you will have learned: (Learning Objectives)  The FAR clauses addressing the U.S. Governments rights when terminating a contract for default or convenience  The procedures that must be followed  Contractor rights and practical guidance

Since January 2025, President Trump has signed over 125 Executive Orders - many of which directly or indirectly affect the government contracting industry. These orders range from "Establishing the Department of Government Efficiency" and "Reforming Foreign Defense to Improve Speed and Accountability," to "Restoring Common Sense to Federal Procurement." Among this barrage of Executive Orders, is other information released by agencies such as employee terminations, CMMC 2.0 rollout, and the elimination of whole departments within agencies and the consolidation of purchasing/acquisition offices. With so many rapid changes, disruptions and noise, FPS is offering you the opportunity to talk directly with stakeholders and subject matter experts. This panel is designed to help sort out the current situation and get a glimpse of the future for the industry. This 90+ minute panel features FPS industry specialists who stay current on all the latest trends and can help make sense of and navigate these critical issues contractors are facing. Our panel will discuss:  Executive Orders directly impacting the industry including: - Executive Order 14275 - "Restoring Common Sense to Federal Procurement" AKA - "FAR 2.0"  Impact of various Tariffs  Updates to Audits and Reviews  Cybersecurity Updates This event is not eligible for CLE/CPE credits.