Home / Acquisition & Procurement / Senate Defense Bill Sets $231K Contractor Exec Reimbursement Cap; Marion Blakey Comments

Senate Defense Bill Sets $231K Contractor Exec Reimbursement Cap; Marion Blakey Comments

The Senate’s version of the fiscal year 2013 defense authorization bill includes a provision to set the maximum amount the government will reimburse a defense company for executive salaries at $231,000, Federal Times reports.

Using 2012 figures from the Office of Management and Budget, the cap number currently stands at $763,000 per employee, Zachary Fryer-Biggs writes.

Marion Blakey, CEO of the Aerospace Industries Association, told Federal Times the defense sector competes with high-tech firms such as Intel and Google for talent but the high-tech sector does not operate under the same caps the defense sector does.

The Senate passed the National Defense Authorization Act in a unanimous vote Dec. 4 and also included a 5 percent cut to the Defense Department‘s civilian and contractor workforce.

The House passed its version in the summer, so a joint House-Senate committee must reconcile differences in both chambers’ versions before sending a final bill to the White House.

Check Also

Top Pentagon Data Officer Explains Challenges Utilizing AI at DoD

Michael Conlin, Pentagon’s chief data officer, has said that the structure of data and developing a workforce would be the two major challenges to the agency’s adoption of artificial intelligence, FedScoop reported Thursday.

Leave a Reply

Your email address will not be published.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