Thursday, December 16, 2021

Compensation Caps - 2014 - 2022

Yesterday, we published the recently announced contractor compensation cap for calendar year 2022. Here is a listing of the caps since the cost principles were amended to apply to all employees on contracts awarded after June 24, 2014. 

Prior to that date, compensation caps applied variously to 'top five employees in management positions', and 'all employees', depending on the year and whether the contract was awarded by DoD/NASA or a civilian agency. Also, compensation caps back then were much higher, peaking at $1.1 million in 2014. If you still have contracts awarded prior to June 24, 2014, you should become very familiar with FAR 31.205-6(p).


No comments:

Post a Comment