[Eicpp_personnel] Debt Ceiling

[James Fast]

MOLLER and EIC folks,
If you have any questions or concerns about potential impacts if the US hits the debt ceiling I am happy to do my best to answer those.  If you have any specific concerns please feel free to reach out to me on my cell below.

My take is that if there is not an agreement reached by the end of today there is a much higher probability we could hit the debt ceiling, which will result in closure of JLab, including building access being disabled, computer systems being offline etc.  The math is always difficult so it is not clear the clock really runs out June 1, but Treasury is pretty good at tracking the balance sheet.

One issue I have identified from a project perspective is whether we would need to issue stop work to universities or other sub-contractors who have cost reimbursement or services type contracts – I am awaiting guidance about this.  Typical fixed-price contracts should not be impacted from what I understand.

Again, if you have questions or concerns please do not hesitate to reach out.

Jim

James Fast
MOLLER Project Manager
EICPP Project Manager
Jefferson Lab
757-230-6833 (cell)
757-269-5324 (office)

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