White House Seeks to Cut Contractor Pay Reimbursement Cap
The White House is calling on Congress to eliminate the current formula used for reimbursing contractor salaries and tie the reimbursement cap to the president’s $400,000-per-year salary. All defense and civilian cost-reimbursement contracts would be covered under that cap but agencies could gain exemptions for specialized skilled positions such as scientists or engineers, Federal ProcurementRead… Read more »