Home / Acquisition & Procurement / Senators Bring Bill to Cut Max Contractor Reimbursement

Senators Bring Bill to Cut Max Contractor Reimbursement

Site: mass.gov

Two senators introduced a bill Friday to lower the maximum amount for reimbursement of government contractor salaries.

Sens. Barbara Boxer (D-CA) and Chuck Grassley (R-IA) introduced the Common-Sense Contractor Compensation Act to lower the maximum reimbursement rate and extend the limit to all contracting employees.

Contracting firms have been allowed to charge the government $693,951 for the salaries of their top five employees.

The new bill, if passed, would limit government funded salaries from $693,951 to $400,000.

This is not the first bill the Senate has seen in regard to contractor pay reimbursement.

In September, the Senate reviewed a bill that would apply to the top five contractor executives and reduce the reimbursement rate from $700,000 to $200,000.

Check Also

Retired Army Lt. Gen. Keith Kellogg to Serve as Mike Pence’s National Security Adviser

Retired U.S. Army Lt. Gen. Keith Kellogg, formerly chief of staff and executive secretary at …

Leave a Reply

Your email address will not be published. Required fields are marked *