KARLO Insights Blog

The Rollercoaster Ride: Why Government Shutdowns Are Still Sending Shivers Down Contractor Spines
Kenesha Raeford Kenesha Raeford

The Rollercoaster Ride: Why Government Shutdowns Are Still Sending Shivers Down Contractor Spines

Despite a recent stopgap measure, the threat of government shutdowns still haunts contractors. This article dives into the impact these shutdowns have beyond missed paychecks, exploring disrupted projects, supply chain woes, and even job losses. While contractors lack the formal protection of government employees, they can still prepare by diversifying their portfolio, building reserves, and seeking legal advice. As the next deadline looms, understanding these risks and taking proactive steps can help contractors weather the storm and emerge stronger.

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