Sequestration Information
ID: 224533Type: Posted
Overview

Buyer

Headquarters (DOE-01)

Award Range

$0 - $0

Eligible Applicants

Others

Funding Category

Energy

Funding Instrument

Other

Opportunity Category

Other

Cost Sharing or Matching Requirement

Yes
Timeline
    Description

    The Department of Energy (DOE) has issued a notice regarding the impact of sequestration on contracts and financial assistance agreements. This notice outlines the potential actions the DOE may take in response to approximately $85 billion in federal budget cuts, including reducing the scope of work, negotiating lower contract prices, and possibly delaying or canceling planned contracts. The letter emphasizes the DOE's commitment to maintaining partnerships and cooperation during these budget constraints, while ensuring compliance with federal requirements. For further inquiries, interested parties can contact the DOE at arpae_co@hq.doe.gov. The opportunity is currently posted with no specified funding amounts or award ceilings.

    Point(s) of Contact
    Files
    Title
    Posted
    The Deputy Secretary of Energy issued a letter regarding the impact of sequestration on contracts and financial assistance agreements within the Department of Energy (DOE). Due to Congress's failure to reach a budget deal, approximately $85 billion in federal budget resources were cut, necessitating actions to comply with these reductions. The DOE may reduce the scope of work, negotiate lower contract prices, delay or cancel planned contracts, and potentially not issue continuation awards for financial assistance agreements. Affected contractors and recipients will be contacted by contracting officers with further details. The letter emphasizes the DOE's commitment to partnership and cooperation during these challenging budget constraints, outlining efforts to mitigate the effects of these cuts while ensuring adherence to federal budgetary requirements.
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