Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Executive Order: Federal Contractors Must Disclose Labor Law Violations

Jaclyn Jaeger | August 1, 2014

President Barack Obama signed an executive order this week that requires prospective federal contractors to disclose labor law violations, and gives agencies more guidance on how to consider labor violations when awarding federal contracts. The new process is also structured to encourage companies to settle existing disputes, such as paying back wages, and also ensures that workers are given the necessary information each pay period to verify the accuracy of their paycheck.

The Fair Pay and Safe Workplaces Executive Order will govern new federal procurement contracts valued at more than $500,000, providing information on companies’ compliance with federal labor laws for agencies. It’s expected to be implemented on new contracts in stages, on a prioritized basis, during 2016.

The Department of Labor estimates that the executive order will affect...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.