Category Archives: Cost Principles

OFPP and DoD Seek Input on Allowable Employee Compensation

The Office of Federal Procurement Policy and the Department of Defense seek public input for a report to Congress on alternative measures of allowable reimbursement for the compensation of contractor employees. The report is required by section 702 of the … Continue reading

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IT Contractor Settles Charges It Inflated Indirect Costs

The Department of Justice has announced that Vector Planning and Services Inc., of Chantilly, Virginia, has agreed to pay $6.5 million to settle False Claims Act allegations that it inflated claims for payment under several Navy contracts. VPSI has a … Continue reading

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President Signs Executive Order Raising Minimum Wage for Contractor Employees

President Obama today signed an executive order raising the minimum wage for contractor employees to $10.10 per hour beginning January 1, 2015. The order also includes provisions to ensure that tipped workers earn at least $10.10 overall, through a combination … Continue reading

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DFARS Rule Prohibits Cost-type Contracts for Production of Major Defense Acquisition Programs

An interim rule issued by the Department of Defense amends the Defense Federal Acquisition Regulation Supplement to prohibit DoD from entering into cost-type contracts for production of major defense acquisition programs. The rule adds new DFARS 216.102, Policies, which provides … Continue reading

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GAO Sustains Protest of $1.76 Billion Contract Award to “Old” SAIC

A $1.76 billion contract award for medical, biomedical, and health services was improper because the awardee’s proposal and the evaluation did not reasonably reflect the manner in which the contract would be performed, the likely costs of performance, or the … Continue reading

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Northrop Grumman Settles Allegations It Improperly Charged Costs

The Justice Department announced this week that Northrop Grumman Corp. has paid the government $11.4 million to settle a claim for penalties provided under the Federal Acquisition Regulation and False Claims Act based on allegations the company failed to abide … Continue reading

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OMB Increases Executive Compensation Benchmark By Nearly $190,000

Today’s advance Federal Register contains an Office of Management and Budget/Office of Federal Procurement Policy notice setting $952,308 as the maximum executive compensation benchmark amount allowable under government contracts for Fiscal Year 2012. The benchmark compensation amount limits the allowability … Continue reading

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