Key Issues for Due Diligence of Government Contracts – Part I
Comprehensive due diligence review of any target company is imperative when determining whether to buy another company, writes Kimi Murakami for Piliero Mazza.
“Layer on the fact that the target company has government contracts then several unique issues must also be critically evaluated when performing due diligence. Failure to do so could result in a significant loss in value of the target – and its contracts – after the acquisition has closed. What follows is a list of certain key issues that should be analyzed when engaging in due diligence review of a government contractor,” she explains in an article in the firm’s PM Legal Minute blog.
The article covers subjects such as set-aside contracts, pending proposals, security clearance, import/export issues, oci issues, subcontracts, non-us buyer, and novation.