Thursday – 12/5/2013, 4:27am EST
The Office of Federal Procurement Policy made nobody happy Wednesday when it raised the cap executive pay for contractors by $190,000 for fiscal 2012.
In a Federal Register notice, OFPP Administrator Joe Jordan said the new benchmark for allowable costs would be $952,308, up from $763,029 in 2011.
What’s unclear is why OFPP is announcing the cap for 2012 when fiscal 2014 started Oct. 1. Continue reading “OFPP’s proposed increase in contractor salary cap upsets all”