Devil’s In The Details For New Contractor Pay Cap

Law360, New York (January 6, 2014, 7:05 PM EST) -- Congress finally acted in December on long-simmering proposals to reduce the amount that the government will pay toward contractor salaries, but implementing a new cap will require harmonization of competing laws and a careful consideration of what compensation costs will be included in the new rule, contractors say.

The two-year budget agreement signed by President Barack Obama on Dec. 26 restores some stability after years of herky-jerky budgeting that culminated in a government shutdown in October. But the deal isn't all good news for contractors —...
To view the full article, register now.