by Janet D.
Monday, February 18, 2013
A Lasting Impression
This was the culmination of my career
In 1997, my boss said
that we had a $17 million risk on a contract on which I was the program
contractor manager. He asked if I would look to see if there was any
contractual way to alleviate this problem. Through extensive research and
understanding of contractual terms, as well as several presentations internally
and externally with the customer, I was able to convince the customer that we
did not have the obligation to provide spares under the services contract. Ultimately,
the government bought $10 million worth of spares, which eliminated the risk to
the company. I felt that it was the culmination of my career in contracts and
my parting effort for the good of the company. I retired shortly after that.