ActiveRegulation
Determination of Benchmark Compensation Amount for Certain Executives and Employees
Management and Budget Office, Federal Procurement Policy Office
NAICS 562910
Source: Federal Register
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Key Details
- Posted Date
- NAICS Code
- 562910
- Source
- Federal Register
- Contract Type
- regulation
Description
The Office of Management and Budget is publishing the attached memorandum to the Heads of Executive Departments and Agencies announcing that $952,308 is the ``benchmark compensation amount'' for certain executives and employees in terms of costs allowable under Federal Government contracts during contractors' fiscal year 2012. This determination is required under Section 39 of the Office of Federal Procurement Policy Act, as amended (41 U.S.C. 1127). The benchmark compensation amount applies to both defense and civilian agencies.
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Data sourced from Federal Register