Thomson Reuters is among the world`s leading providers of news, financial information, legal solutions, and accounting software. Its Government Contracts Year in Review provides a comprehensive analysis of the most significant legislative, regulatory, and judicial developments in the public procurement space from the previous year.
The Government Contracts Year in Review 2020 offers a comprehensive analysis of the implications of the year`s most critical developments on government contractors. The report covers various government procurement topics, including significant court cases, agency decisions, and legislative trends that have emerged over the past year.
One of the essential legal developments covered in the Year in Review is the emergence of COVID-19 and its impact on government contracts. The report explains how the pandemic has created several issues for government contractors, such as supply chain disruptions and the need for remote workers. The report also provides guidance on the steps government contractors should take to mitigate these issues.
The Year in Review also provides insights on the regulations related to cybersecurity, data privacy, and intellectual property. The report explains how the government is addressing these issues and why they matter to the government contractors. The report also highlights new requirements for companies to safeguard their data against cyberattacks and data breaches.
The report also covers several significant court cases that have an impact on government contractors, such as disputes over contract terminations, bid protests, and False Claim Act violations. The report provides a concise summary of the legal issues addressed in each case, along with the lessons learned from these cases and how government contractors can use this information to mitigate their risks.
The Year in Review also analyzes the latest trends in government procurement, such as the increasing use of Other Transaction Agreements (OTAs), the adoption of commercial item acquisition practices for non-commercial items, and the ongoing modernization of procurement regulations.
In conclusion, the 2020 Government Contracts Year in Review by Thomson Reuters provides valuable insights to government contractors on the most significant developments in public procurement. The report is a must-read for any government contractor that wants to stay current on regulatory changes, legal trends, and best practices in this field.