Economy

August 24, 2016
Fair Pay and Safe Workplace Rule Finalized
Written by Sandy Williams
A new federal regulation will require contractors to toe the line on safety, workplace discrimination, organizing rights, minimum wage compliance and overtime rules if they want to win federal contracts. The order is called “Fair Pay and Safe Workplaces” and has been in creation since 2014. The rule has now been finalized by the Department of Labor and Federal Acquisition Regulatory Council and enacted by President Obama by Executive Order on Aug. 23, 2016.
Contractors bidding for federal projects will have to disclose labor violations that occurred during the previous three years, including findings by federal agencies, courts, or arbitrators. The ruling targets the disclosure of “serious” and “willful” violations and would probably impact less than 10 percent of contractors, said administration officials.


