Common use of Defense Contracts Clause in Contracts

Defense Contracts. Section 2324(e)(1)(P) of title 10, United States Code, is amended to read as follows: ‘‘(P) Costs of compensation of contractor and subcon- tractor employees for a fiscal year, regardless of the con- tract funding source, to the extent that such compensation exceeds $487,000 per year, adjusted annually to reflect the change in the Employment Cost Index for all workers, as calculated by the Bureau of Labor Statistics, except that the head of an executive agency may establish one or more narrowly targeted exceptions for scientists, engi- neers, or other specialists upon a determination that such exceptions are needed to ensure that the executive agency has continued access to needed skills and capabilities.’’.

Appears in 4 contracts

Samples: Federal Employees, Federal Employees, Federal Employees

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