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The Walsh-Healey Act that applies to U.S. government contracts exceeding $15,000 for the manufacturing or furnishing of goods. Walsh-Healey establishes overtime pay for hours worked by contractor employees in excess of 40 hours per week, and sets the minimum wage equal to the prevailing wage as determined by the Secretary of Labor.
In other words, when the recipient participates in a federal program (e.g. it receives federal assistance) and an operating budget is prepared, the federal government may require the recipient to provide contributions to cover a portion of that program's operations. [26]
In 1953, President Dwight D. Eisenhower created the President's Committee on Government Contracts with Executive Order 10479. The order was a follow-up to Executive Order 10308 signed by President Harry S. Truman in 1951 establishing the anti-discrimination Committee on Government Contract Compliance.
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
Federal government contractors, with conforming changes as of May 1, 2006 full-text: 23-17: 2007: Federal government contractors, with conforming changes as of May 1, 2007 full-text: 23-18: 2008: Federal government contractors, with conforming changes as of May 1, 2008 full-text: See also ASC section 912 (Contractors--Federal government) 24-01: ...
In other words, FAR Part 12 was intended to increase the number of competitors available to the US Government by jettisoning all of the unique requirements, including cost accounting systems, which are forced upon Federal contractors by acquisition processes such as FAR Parts 14, [clarification needed] 15, 36 etc.; instead, the Federal ...
Streamlining Claims Processing for Federal Contractor Employees Act; Long title: To amend title 40, United States Code, to transfer certain functions from the Government Accountability Office to the Department of Labor relating to the processing of claims for the payment of workers who were not paid appropriate wages under certain provisions of such title.
The National Association of Government Contractors (NAGC) is a national trade association based in Washington, D.C., United States, for business owners engaged or interested in contracts with government, universities, and private corporations. NAGC was founded in 1957 and it has over 120,000 members.