Government Proposals Clarify Burden of Disclosure Requirements
Sue Schaecher’s article “Government Proposals Clarify Burden of Disclosure Requirements” was featured in Colorado Real Estate Journal on July 15, 2015.
Bidders on government contracts will face substantial disclosure requirements if two government proposals for implementing the Fair Pay and Safe Workplaces Executive Order become final.
Executive Order 13673 require bidders on government contracts to disclose violations of federal and state labor laws within the past three years to contracting agencies so that the agencies can consider that information in making contract awards. The executive order is based on the premise that a prospective contractor must have a satisfactory record of integrity and business ethics to be determined responsible, and the federal procurement process is more efficient and economical when contractors comply with labor laws. The order applies to new contracts and subcontract over $500,000, other than contracts for commercially available off-the-shelf items starting in 2016.
In the article, Sue examines what’s outlined in the DOL’s new proposed guidance.