Executive Pay Reporting -1st tier sub
Started by awayforward · Sep 24, 2012 · 2 replies
- aOriginal post
awayforward
Sep 24, 2012 · 13y ago
I apologize if this question is redundant to some.
Assuming we meet the requirement to report executive pay under FAR 52.204-10, and we are a privately held company, and a 1st tier sub. Do we not report our own executives' pay through FSRS and SAM ? Doesn't the prime only report that they awarded us a subcontract, and the various related information but but not the subs' actual Executives' pay ? As a sub , we DO NOT want to provide this information directly to the prime but we will gladly make it available and report it to the Govt.
Please clarify.
- p
policyguy
Sep 24, 2012 · 13y ago
I believe the subcontractor is required to report the information to the prime. In the background section of the final rule they make this indication. You may want to review the rule to see if you read it that way:
http://www.gpo.gov/fdsys/pkg/FR-2012-07-26/html/2012-17724.htm
- a
awayforward
Sep 24, 2012 · 13y ago
Many thanks.