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.
"trade secrets"
Measuring damages for government theft of contractor trade secrets
By Brian Waagner on
It’s a worst-case scenario for many government contractors. Despite using strict confidentiality agreements and bold restrictive legends, the government releases a valuable trade secret to the public. The Trade Secrets Act may result in criminal consequences for the offending individuals, but the more pressing question for the contractor is how to recoup the loss of a valuable asset. The recent decision in Spectrum Sciences and Software, Inc. v. United States, No. 04-1366C (Fed. Cl. Feb. 14, 2011) [pdf], offers some guidance.
Do federal contractor transparency initiatives conflict with FOIA caselaw?
By Brian Waagner on
Posted in Freedom of Information Act
Executive compensation disclosures. Opening FAPIIS to the public. While there are good arguments for both sides about the wisdom of these new contractor transparency initiatives, it is interesting to note that they seem to conflict with recent court decisions supporting contractor efforts to limit the public availability of their data.