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.
Regulations, Compliance, & Enforcement
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CAS Board Publishes Final Rule Rescinding CAS 404, 408, 409, and 4117 • Foreign Bribery Has No Borders • The Approaching Audit and Certification Deadlines Under the Bulk Data Transfer Rule • CAS Board Formally Rescinds Four Standards • Pentagon Proposes New Secrecy Power to Withhold Unclassified Records From Public-Access Laws
FAR Council Proposes Rule Requiring Contractors to Identify Subcontractors and Report Subcontractors’ Executive Compensation Information
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