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Pay Transparency Rule: What ELSE Must Contractors Do?

December 16, 2015Jessica JonesLeave a CommentBest Practices, Ethical Business Practices, Prompt Pay Act

Last year, the Pay Transparency Rule was issued into effect by Executive Order (EO). On Sept. 10, 2015, the Labor Department’s Office of Federal Contract Compliance Programs announced a final rule prohibiting federal contractors and subcontractors from maintaining pay secrecy policies and from discriminating against employees and applicants who discuss, disclose or inquire about compensation….Read More

The Prompt Pay Act – How It Affects You

December 3, 2014Ted RitterLeave a CommentPrompt Pay Act

Changes to the Prompt Pay Law were enacted in 2010 and apply to any construction contract where the initial distribution of plans by an Owner to a Contractor or Subcontractor (including bid plans and construction plans, specifications or contract documents) occurs on or after January 1, 2011. The Prompt Pay Statute was enacted to ensure…Read More

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