This briefing covers active market intelligence, regulatory guidelines, and tactical capture recommendations for federal and defense contractors pursuing opportunities in this procurement classification.
Federal Contractors Facing Increased Regulation and Costs.
Recent regulatory initiatives we have reported on this year are driving up compliance demands on federal contractors. Some experts say a 25% increase in compliance costs are to be expected.
The new changes require contractors to track and report a comprehensive list of labor and employment law violations, would disallow larger existing contractors from requiring pre-dispute arbitration agreements of certain claims, and requires contractor’s employees are provided with additional information on overtime and hours worked in paychecks.
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