The Department of Defense (DoD) recently issued new guidance concerning the proper selection of contract type for use in procurements. The Guidance on Using Incentive and Other Contract Types will be posted within the DFARS Procedures, Guidance, and Information (PGI) at DFARS PGI 216.104. Continue reading Department of Defense Issues New “Guidance on Using Incentive and Other Contract Types”
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.