The Office of Federal Procurement Policy (OFPP) recently published the contractor compensation cap amount for 2022. The cap, for costs incurred between January 1 and December 31, 2022 is $589,000 and applies to all employees on contracts awarded after June 24, 2014.
As a reminder, 'compensation' in this context includes wages, salary, bonuses, deferred compensation, and employer contributions to defined contribution pension plans (see
FAR 31.205-6(p)(1)(i)).
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