Sunday, September 30, 2012

Agencies could be liable for certain costs under sequestration

by Jason Miller - Federal News Radio

Agencies will be liable for many of the costs coming from the termination of contracts, including legal fees and employee compensation costs, if sequestration happens Jan. 2 and if vendors do not issue layoff notices this fallThe Office of Management and Budget issued guidance today detailing what types of costs vendors could charge back to agency customers under the Worker Adjustment and Retraining Notification (WARN) Act.  CLICK HERE to see the rest of the article.  Also, letter from the letter from the  the Director of the Defense Procurement and Acquisition Policy to NDIA regarding WARN Act related compliance costs was issued last week.

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