Check Out Our Press Release:
NeoSystems Corp. and Squire Patton Boggs Provide "Top 10 Most Important Intellectual Property Protection Safeguards for U.S. Government Contractors" to Help Companies Minimize Risk of IP Loss and Devaluation
- Data Rights: Specifying Data Delivery in Contracts. Requirements for data production, respective rights and government obligations must be stated in the contract.
- Rights in Data Assumptions: Know what agreed upon FAR clauses for Rights in Data in target acquisition's contracts.
- IP Ownership: Know what ownership rights are actually possessed by the government versus the contractor. Make a checklist. Red flag risks. Maintain a clear money trail on IP developments.
- Unlimited rights vs. Limited Rights vs. Restricted Rights: Thoroughly understand the caveats of each set of rights.
- Commercial Rights: Push for IP to be a commercial item. Commercial is King!
- Pre-Award and Performance Notice: Stay on top and understand them completely!
- Mark your IP: Know the different between "confidential" and "proprietary"
- Prime vs. Subcontractor: Be fully aware of what rights are conveyed to and from the subcontractor to prime to the government.
- State and Local Opportunities: Be cognizant of state rules for publicly posting proposals. Mark confidential data appropriately.
- Perform Regular Audits & Address Issues in the Purchase Agreement.