Role Reversal: Hiring Gov't Under Reimbursable Contracts
August 5, 2013, 1:00 PM EDT
Law360, New York (August 5, 2013, 1:00 PM EDT) -- With federal spending in sharp decline, many agencies will likely begin looking to nontraditional means of closing their budget gaps and maintaining their pre-sequestration staffing levels and rates of operation. One such means that select agencies may begin employing with greater frequency is the reimbursable services agreement (“RSA”), under which a private sector entity hires a federal agency to perform a task and reimburses the agency for its costs.
An RSA can be an extremely valuable tool for a private party, as there are many tasks...