The FAR Council has issued final regulations that include changes to the interim regulations concerning executive compensation and first-tier subcontract reporting found in FAR Subpart 4.14. The newly revised FAR Subpart 4.14 [pdf] becomes effective on August 27, 2012.
Continue Reading The latest news on executive compensation and first-tier subcontract reporting requirements

The ongoing federal contracting transparency initiatives will not yet include the publication of actual contract documents on the internet. According to a Federal Register notice published on February 10, 2011 [pdf], that proposal has been withdrawn, at least for now.Continue Reading Contract Documents Won’t Be Posted on the Internet . . . Yet

One response to the shortage of experienced federal contracting personnel and qualified DCAA auditors is to turn the job over to the public at large.  That seems to be the plan when it comes to the new federal contractor transparency initiatives, the most recent of which is the rule that will make the Federal Awardee Performance and Integrity Information System (FAPIIS) available to the public after April 15, 2011.  Like the business model adopted by Wikileaks, the concept appears be that posting selected contractor performance data on the internet will be like hiring 300 million inspectors general.  As with many government initiatives, the results are likely to cost more and achieve less than anticipated.
Continue Reading Will public availability of FAPIIS mean 300 million inspectors general?