In Government contracting, can the period of performance be affect by incremental funding?

Question by Hanif A: In Government contracting, can the period of performance be affect by incremental funding?

Best answer:

Answer by Spock (rhp)
don’t know where you are, mate, and in my jurisdiction the answer is “NO”. The contractor is expected to have sufficient ability to carry the project without funding until he meets the partial performance criteria and thus earns partial funding.

Reality is that you’d best have much more funding than that as many governmental contracts actually pay only 75 to 80 percent of the claimed amounts while the government ‘audits’ the claim for any reason it can find to not pay the full amount in a timely manner.

GL

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