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
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