Tag Archives: Office of Management and Budget

Executive Compensation Benchmark Amount Increased

An Office of Management and Budget, Office of Federal Procurement Policy, notice sets the maximum executive compensation benchmark amount allowable under government contracts for fiscal years 2013 and 2014 at $980,796 and $1,144,888, respectively. As required by Section 39 of the … Continue reading

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OMB Requesting Feedback on Improving Cybersecurity in Acquisitions

As published in today’s Federal Register, the Office of Management and Budget’s Office of EGovernment & Information Technology is seeking public comment on draft guidance to improve cybersecurity protections in federal acquisitions. The threats facing government information systems have increased … Continue reading

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Proposed DOL Rule Would Raise Minimum Wage

Secretary of Labor Thomas E. Perez announced a proposed rule raising the minimum wage for workers on federal service and construction contracts to $10.10 per hour. The rule implements President Obama’s Executive Order 13658, Establishing a Minimum Wage for Contractors. … Continue reading

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Two New Clauses Add Requirements for Service Contract Reporting

Federal Acquisition Circular 2005-72 contains a final rule (FAR Case 2010-010), effective January 30, that amends the Federal Acquisition Regulation to require service contractors for executive agencies to submit information annually in support of agency-level inventories for service contracts. The … Continue reading

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