FAR Council Issues Final Rule Raising Acquisition Thresholds for Inflation - On August 27, 2025, the Federal Acquisition Regulatory (FAR) Council published a final rule adjusting numerous acquisition-related thresholds...more
Inflation is generally down from 2021, but is still high in too many places, and is expected to persist in 2023. With inflation eroding value for this long, a Government contractor may need to obtain contract relief. ...more
On April 27, 2021, President Biden issued an executive order (the “Order”) increasing the minimum wage for Federal Government contractors and subcontractors from $10.95 per hour to $15.00 per hour. The text of the Order is...more