Government Contracts Monitor

New Rule Requires Contractors to Report Executive Compensation and Subcontractor Information

Effective July 8, 2010, a new interim rule requires contractors to report information about subcontract awards and the names and – of particular note – the salaries of the 5 highest-paid prime and subcontractor executives. The subcontract award information will be made publicly available at USASpending.gov, and the contractor executive compensation information will be posted to the Central Contractor Registration (CCR) website. 

Government Finalizes Rule Requiring Posting of Sole Source Justifications

As we reported previously, the Government must use “full and open competition” when it purchases goods or services unless one of seven primary exceptions is met.  When the Government decides to limit competition by using one of these exceptions, it must prepare a “Justification and Approval” (J&A) explaining its rationale.