Showing 17 ideas for tag "contractors"
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Department of the Treasury

Extend payment terms beyond 30 days to save interest

In private industry, powerful customers sometimes unilaterally impose extended payment terms to improve their cash position, often to 60 or even 90 days. Currently, the Federal Acquisition Regulation (FAR), as well as the Prompt Payment Act of 1998, mandate paying contractors in 30 days. This limits our ability to better manage cash by negotiating extended terms. Given the enormous daily volume of Federal payments... more »

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EXOP - White House Offices

1. MORE FEDERAL EMPLOYEES, LESS CONTRACTORS.

Have federal employees perform more work functions than contractors. While it is true in these challenging economic times that fair compensation must be granted in order to retain a high-quality workforce, there seems to be a disparity between contractor and federal employees. Even federal employees can retire and come back as contractors, making more money with less responsibility. If these individuals are the right... more »

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