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1:46 pm, October 30, 2014

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Is the budget deal the final word on contractor compensation?

Tucked away inside the bipartisan budget deal announced with much fanfare this week is a proposal limiting the maximum level contractors can charge the government to pay the salaries of their top executives to nearly half of what it is currently. But it may not be the final word on the issue on the sticky issue of contractor compensation. the budget deal's proposed changes to taxpayer-funded contractor salaries are competing with another piece of bipartisan legislation currently before Congress. The annual Defense Authorization Act seeks to lower the compensation limit but by far less than the budget deal.

Tags: Congress , budget , acquisition , acquisition policy , Stan Soloway , PSC , Dan Gordon , OMB , OFPP

Friday - 12/13/2013, 11:03am EST

OFPP's proposed increase in contractor salary cap upsets all

The Office of Federal Procurement Policy issued a memo to agencies setting the new benchmark for reimbursable costs at $952,308, up from $763,029 in 2011 for certain contractor employee salaries. The contractor cap has increased 55 percent over the last four years. OFPP blames Congress for not acting to change the formula for calculating the annual increases.

Tags: contracting , industry , OFPP , Joe Jordan , Stan Soloway , PSC , AFGE , J. David Cox , Congress , Jason Miller

Thursday - 12/05/2013, 04:27am EST