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19 minutes
The Defense Production Act of 1950 has been dormant for decades.  Join me as Stephen Knight, Partner at Smith Pachter McWhorter explains what DPAS is and its impact to contractors as it related to COVID-19, three executive orders and the meaning of a "rated" contract.
About Our Experts
  • Stephen Knight
    Senior Counsel, Haynes Boone
    Stephen Knight has practiced government contract law for more than 40 years, counseling and litigating on behalf of clients in all aspects of that practice. He has significant experience in claims and disputes, with special emphasis on costing and pricing issues involving cost allocability and allowability, Cost Accounting Standards, defective pricing under the Truth in Negotiations Act, and government audits. Stephen has substantial experience in compliance issues pertaining to government contractors and frequently assists clients in evaluating the requirement and manner of making disclosures to the government. He has conducted compliance reviews for clients, assisting in reviewing and evaluating internal controls, conducting training and evaluating specific compliance issues such as business systems and socio-economic requirements in government contracts. Stephen represents prime contractors as well as subcontractors in the manufacturing and services sectors and is experienced in ascertaining the necessary government contract requirements for inclusion in subcontracts.
    J.D., University of Virginia School of Law, 1978
    B.A., University of Virginia, 1975, with honors
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