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.

This is session 1 of 2 in the Terminations for Convenience and Default Webinar Series. Given enough time in the government contracting business, any contractor either might be terminated (one hopes for convenience) or have come close. This webinar will explain in plain English how the termination provisions work and will offer practical advice on how best to position yourself to avoid or deal with a termination. Learning Objectives:  This initial session will cover the following topics.  The Government's Right to Terminate for Convenience  So, now it becomes a Cost Contract  The Clauses and the "Christian Doctrine"  Cause: Evolution of the Govt's Discretion  Termination Mechanics and the Parties' Obligations  The Underlying and Essential "Fairness Principle" of FAR 49.201  Termination Costs, Settlement Expenses, and the Settlement Process  Subcontractor Claims  The Elusive Pot of Gold: The Loss Ratio

This 2-part webinar series will explain in plain English how the termination provisions work and will offer practical advice on how best to position yourself to avoid or deal with a termination.

This is session 2 of 2 in the Terminations for Convenience and Default Webinar Series. Given enough time in the government contracting business, any contractor either might be terminated (one hopes for convenience) or have come close. This webinar will explain in plain English how the termination provisions work and will offer practical advice on how best to position yourself to avoid or deal with a termination. Learning Objectives: This second and final session will cover the following topics:  A Drastic Sanction: The Bases for Default Terminations  Failing to Deliver on Time & Government Waiver of a Due Date  Failing to Meet Specifications  Failing to Make Progress  Distinguishing Show Cause and Cure Notices  Failing to Perform Other Requirements, A Broad Reach  Importance Of the CO's Discretion and Accurate Information  Contractor Defenses, Excusable Delays, and The Effect of Constructive Changes  Remedies: Reprocurement Costs Are Not Your Greatest Threat