Federal contractors are look to extend ahead of Oct. 1 budget deadline

Exercising options comes with pretty strict rules. Often the government goofs, and that can be costly.

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Oct. 1 is fast approaching so many federal contractors are looking to have the government exercise options to extend contracts for another fiscal year. Exercising options comes with pretty strict rules. Often the government goofs, and that can be costly. Attorney Terry O’Connor, a partner at Berenzweig Leonard, had a few tips on options on Federal Drive with Tom Temin.

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