Agencies Float Rule For Detailed Contractor Reporting

Law360, New York (April 22, 2011, 1:44 PM EDT) -- Federal agencies moved forward Wednesday with a proposed rule that would require certain service contractors to meet new reporting requirements as part of a broader effort to strike a balance between contractor and in-house services.

The rule would require service contractors performing work exceeding a certain threshold for executive agencies other than the U.S. Department of Defense to electronically report a variety of information on a yearly basis, from dollar totals for invoices to direct-labor hours for first-tier subcontractors, according to a notice in the Federal...
To view the full article, register now.