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
Trending Now
Proposed Updates to DFARS Regarding Foreign Ownership, Control, or Influence • Slotting vs. Conformance – The Door Into Summer • OMB Plans to Make IT Contract Data Collection Public • Semiconductor Manufacturing Equipment: BIS’s Shift to More Aggressive Enforcement • Navigating Self-Reporting Under the DOJ’s New Corporate Enforcement Policy
FAR Council Proposes Rule Requiring Contractors to Identify Subcontractors and Report Subcontractors’ Executive Compensation Information
Track False Claims Act cases, audit trends, and compliance best practices with our Compliance & Enforcement newsletter, delivering up-to-the-minute intelligence Monday–Saturday — Subscribe here.