Tag Archives: Federal Property and Administrative Services Act

Executive Order: FAR Clause for Mandatory Minimum Wage by January 2015

Exercising his statutory authority to establish terms for procurement contracts under the Federal Property and Administrative Services Act (40 U.S. Code 101 et seq.), President Obama signed an Executive Order on February 12, 2014, that will increase the minimum wage for employees of certain Federal contractors and subcontractors from $7.25 to $10.10.

Beginning January 1, 2015, this mandate will require new or renewed federal contracts to include a clause:

… which the contractor and any subcontractors shall incorporate into lower-tier subcontracts, specifying, as a condition of payment, that the minimum wage to be paid to workers … shall be at least $10.10 per hour beginning January 1, 2015.

Continue reading Executive Order: FAR Clause for Mandatory Minimum Wage by January 2015