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FREE NIGP training on Tariffs

Tarah Gregg CPPB, NIGP-CPP | Published on 4/3/2025

Tariffs and the New World Order: What's a Buyer to do?

Navigating the Impact of Tariffs on Government Contracts

APRIL 16, 2025
2:00 - 3:30 PM EST
1.5 Contact Hours

Register

Today’s headlines are dominated by discussions of tariffs—threats of new ones, implementation of existing ones, reciprocal tariffs, quotas, and other national-level market control measures. Whether merely proposed or actively enforced, tariffs can disrupt markets in significant ways.

Bidders often respond to tariff uncertainty by either avoiding opportunities altogether or including risk premiums in their bids to hedge against potential future tariffs. Contractors may seek price adjustments or even cancel contracts, while buyers face escalating costs and the possible loss of key suppliers.

This seminar will explore strategies to proactively and fairly manage these risks. We will:

  1. Explain how tariffs and risk premiums function and influence markets.
  2. Discuss both proactive and reactive strategies for managing price adjustment requests due to tariff changes.
  3. Offer tools to anticipate and manage the pricing impact of potential tariff changes—whether imposed or lifted—on current and future contracts.

NIGP CHAPTER

Louisiana

The Louisiana Chapter of NIGP is a membership-based, nonprofit organization that provides guidance, support, encouragement, and resources to public procurement professionals throughout the state.  

LaNIGP helps you work smarter. When you join our chapter, you connect with procurement and materials management professionals from state, local, parish, federal,  school, hospital, university, and public utility agencies around Louisiana.  We invite you to join us and experience the  value of membership in LaNIGP.

Contact Us Today

For information on becoming a member, contact us at
ms@lanigp.org

For information on upcoming courses
vp@lanigp.org

For assistance with this site,
vp@lanigp.org

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