How should contractors respond and protect their business when federal contracts are terminated or descoped? 2026
Feb 18, 2026How should contractors respond and protect their business when federal contracts are terminated or descoped? 2026
GSA requires FPDS reporting within 30 days and prompt settlement claims; contractors should document losses, submit settlement vouchers within 120 days, and expect $5.1B of 2025 terminations to drive recompetes. Non-compliance can forfeit settlement rights and block future awards.