Proskauer Rose – If approved, a new FAR will require contractors to: (1) publicly report certain information on their first-tier subcontractors; and (2) report compensation information for their top executives. The proposal is a “reinstatement” of requirements that were previously proposed and received OMB approval but expired in December 2010, without being implemented.
Home Compliance FAR Council Proposes Rule Requiring Contractors to Identify Subcontractors and Report Subcontractors’...