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Tag Archives: Contractors

Senate, White House Disagree on Work Contractors Can, Cannot Do

Guidance issued in October from the Office of Federal Procurement Policy was intended to clarify and outline “inherently governmental” work set aside for federal employees. A Senate appropriations bill contains a provision that would put that policy into law, according to a report from Federal Computer Week. Contractors would not …

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Senate Amends, Then OKs Contractor Withhold Repeal

Congress got one step closer Thursday toward repealing a 3 percent withholding tax on all government contracts as the Senate voted 95-0 to approve the measure. However, businesses will have to wait until at least next week to see the requirement taken off the books. The Senate also included an …

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Senate Votes to Discuss Contractor Withhold Repeal Law

Congress may be closer to a rare moment of accord, as the Senate voted Monday evening to take up a bill that would repeal a requirement that governments withhold 3 percent of all contracts. By an overwhelming 94-1 vote, the chamber advanced the Withholding Repeal and Job Creation Act. The …

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House Approves Repeal of Contractor Withholding Tax

By an overwhelming 405-16 vote, the House approved a repeal of a law requiring federal, state and local governments to withhold 3 percent of all contracts. The withholding requirement was originally approved and signed into law in 2006 but has never been implemented. The rule is currently scheduled to take …

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Push to Repeal Contractor Withholding Tax Paused

There seemed to be wide agreement from both sides of the aisle in Congress, plus the Obama administration, on repealing a law requiring the government withhold 3 percent of all contracts. However, the push to repeal the law has hit some stumbling blocks as the two parties disagree on how …

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Proposed Rules Would Require Privacy Training for Contractors

The Defense Department, NASA and the General Services Administration are proposing regulations that would require contractors to complete training that addresses privacy protection, in accordance with the Privacy Act of 1974, and the handling and safeguarding of personally identifiable information. The regulation, published in the Oct. 14 Federal Register, would …

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House to Take Up Contractor Withholding Repeal Next Week

House Republicans may take up bipartisan legislation next week to repeal a law requiring the government to withhold 3 percent of contracts, according to a report from The Hill. The House Ways and Means Committee approved the legislation by voice vote Thursday, and House aides said GOP leaders were aiming …

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House Panel Approves Repeal of Contractor Withholding Tax

The House Ways and Means Committee approved legislation Thursday by voice vote to repeal a requirement that the Internal Revenue Service withhold 3 percent of all government contracts. Currently, when a company is awarded a $1 billion contract, the government withholds $30 million until the company files its next tax …

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New Bill to Change Contractor Executive Pay

Changes are expected to contractor compensation due to a new bill that would lower the cap for reimbursements for all federal cost plus contracts. The current level would be reduced from the current rate of $700,000 to $200,000, and would continue to apply to the top five contractor executives. The …

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