New Labor-Related Executive Order for Federal Contractors On the Horizon?
Such an Executive Order raises several questions, and could necessitate a re-evaluation of the procurement process. For example, would the proposed preference apply to all procurements, or just select procurements in targeted industries? How would the preference be taken into consideration during evaluations? Further, what additional information would contractors be required to submit to certify their compliance with the minimum wage floor and would this implicate additional auditing requirements? Finally, the financial implications must be thoroughly analyzed. Whether it is feasible for the federal contracting industry to undertake wage hikes when the trend regarding federal procurements is to keep costs low would be a consideration. Any increases to the costs of procurement expenditures - both contract pricing and additional administrative costs to effectuate the policy - would still have to be weighed against the ultimate saving to the tax payer as proposed by the House Democrats urging the President to execute this order.
New GSA Sales Reporting Rule Eliminates Onerous Price Reductions Clause and Commercial Sales Practices Disclosure Requirements for Participating Contractors
On June 23, 2016, GSA published a much anticipated final rule that amends the General Services Administration Acquisition Regulation (GSAR) to implement new transactional data reporting...24 June 2016
Stacy Hadeka and Allison Bender also contributed to this report.19 May 2016