AGC will hold a complimentary webinar on sequestration and its potential impact on federal construction contractors on Wednesday, Nov. 7 from 2:00 p.m. to 3:30 p.m. EDT. Unless Congress acts after the election, a process of $109 billion in indiscriminate, across-the-board spending cuts—called sequestration—will occur on Jan. 2, 2013. If sequestration goes into effect, the possible impacts to federal construction contracts, grants and direct payment programs could be far reaching. To attend the webinar, please complete the online registration form. During the webinar, AGC’s Director of the Federal & Heavy Construction Division Jimmy Christianson and Smith, Currie & Hancock LLP partners Alan I. Saltman—an expert in government contract and appropriations law—and Steven L. Reed—a former Administrative Judge with the U.S. Army Corps of Engineers Board of Contract Appeals—will discuss:
- How sequestration would work and the potential federal construction account cuts;
- The latest D.C. discussions on and possibility of averting sequestration;
- How sequestration would impact existing and new federal contracts, grants and direct payment programs; and
- What contractors could expect to see from federal owners in an even leaner budget environment.