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Even Short Contract Extensions Require Updated Service Contract Act Wages

Client Alert | less than 1 min read | 11.03.04

Even a short (monthly or semi-monthly) extension of a contract subject to the Service Contract Act is considered a "new contract" requiring the government to incorporate new collective bargaining agreement wage and fringe benefit rates, the ASBCA held in Guardian Moving & Storage Co. (Sept. 23, 2004). The same reasoning--and rule--would require the incorporation of the latest available area wage determination where no collective bargaining agreement applied.

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Client Alert | 10 min read | 03.16.26

Eight Takeaways After Seven Weeks of OFAC’s Six, wait Seven, New and Updated General Licenses for Venezuela

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued six new general licenses, and updated a seventh that allow for many activities related to: the export of Venezuelan oil and petrochemical products from Venezuela; the exploration, development, and production of oil, gas, and petrochemical products in Venezuela; the generation, transmission, storage, or distribution of electricity in Venezuela; the export to Venezuela of U.S.-origin diluents; negotiating for investment in the oil, gas, petrochemical, and electricity sectors in Venezuela; and the export of Venezuelan gold....