The New Interim Rule

The New
Interim Rule

On July 8, 2010, the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council issued an interim rule requiring contractors to report first-tier subcontractor awards of $25,000 or more and annually report executive compensation of the contractor's and first-tier subcontractor's five most highly compensated executives for the preceding fiscal year.

The rule requires prime contractors to report first-tier subcontract data in FSRS; to report executive compensation data for its own executives at CCR; and similar subcontractor executive compensation data at FSRS.

The reporting rule is being phased in to minimize the burden on small entities. Effective July 8, 2010, contractors report newly awarded subcontracts exceeding $20 million; starting October 1, 2010, contractors report newly awarded subcontracts of $550,000 or more; starting March 1, 2011 they report newly awarded subcontracts of $25,000 or more.

Read the notice regarding this interim rule »

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* Arc Aspicio |

Arc Aspicio is a management, strategy, and technology consulting firm that takes a mission-oriented approach to complex client challenges. As a rapidly growing company, Arc Aspicio has a bold strategy for 2016-2018 that drives growth through new capabilities in strategy, design, human capital, data analytics, information sharing, cybersecurity, and strategic communications. The company is known for a strong, collaborative culture that values gratitude – for its clients and its great team. And, #welovedogs! Follow us on Twitter @arcaspicio or learn more at www.arcaspicio.com.

Lynn Ann Casey / Chief Executive Officer
info@arcaspicio.com
703.465.2060

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