What are the ramifications of a government shutdown?

Tuesday - 3/15/2011, 4:30pm EDT

Elizabeth Ferrell and Jim Schweiter, McKenna Long & Aldridge

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March 15, 2011 -- Elizabeth Ferrell and Jim Schweiter of McKenna Long & Aldridge LLP discuss the potential ramifications of a government shutdown for federal agencies and contractors.

What is OMB's role in the shutdown process? Who determines whether an agency function is essential? How does the type of government funding impact agency operations and associated contracts? Can agencies exercise options during a shutdown? What practical steps should a contractor consider taking to mitigate risk?

(An encore presentation of this show aired April 5, 2011.)