For many companies, federal contracts are a significant source of revenue. When contracting with the U.S Government, however, there are strict compliance regulations that all businesses – no matter what their operations – must follow. To secure and maintain such contracts, most companies are requ...
he unsuccessfully campaigned for the presidency of the Federation of University Students on a platform of “honesty,decency and justice”.Castro became critical of the corruption and violence of President Ramon Grau’s government,delivering a public speech on the subject in November 1946 that received...
As discussed above, employees of government contractors are in a unique situation that is not comparable to employees in private industry. Commonly in government contracting, companies are required to re-compete for their work every five years. Often, a company's contract with the government is ...
By the time the federal government introduced the Contractor Code of Business Ethics and Conduct (FAR Part 52.203-13) in December 2008, which required all government contractors with contracts over $5 million to have an ethics and compliance program, many government contractors had already begun to...
REGULATIONS SYSTEM 1.1 Purpose, Authority, Issuance 1.2 Administration 1.3 Agency Acquisition Regulations 1.4 Deviations from the FAR 1.5 Agency and Public Participation 1.6 Career Development, Contracting Authority, and Responsibilities 1.7 Determinations and Findings PART 2—DEFINITIONS OF WORDS AND TERMS ...
The terms "Government," "Contracting Officer," and equivalent phrases shall mean Buyer except that in the clauses identified below by "*" the clause shall have its original meaning as written in the DFARS: 252.203-7002 252.203-7003 252.204-7000 252.204-7009 Requirement to Inform Employees of ...
It's not worth paying employees to sit around (or paying per diem, hotels if it's a project we traveled to) while I'm waiting on change order unless it's a substantial sum of money. August 15, 2013 7 replies Changes Rotate contracting officers between government, private sector ...
government auditor categorically removing incentive pay from your allowable costs, as it often accounts for up to 12% of a firm’s overhead rate. Understanding what incentive and bonus compensation is allowable and documenting your plan appropriately will help you and your employees get the most ...
Federal Acquisition Regulation; FAR Case 2008-009, Prohibition on Contracting with Inverted Domestic CorporationsAl Matera
or any scheme for sharing profits with its employees or those of its subsidiaries and/or associated companies, and (so far as for the time being permitted by law) to lend money to or to trustees for the Company's employees (other than directors) with a view to enabling them to acquire ...