Alluding to the recent Office of Federal Procurement Policy changes to the executive compensation cap, the guidance states the new cap of $353,010 applies to costs incurred after January 1, 2000 for all federal agencies covered by FAR cost principles, including contracts awarded prior to enactment of the new cap. The cap is also to apply to years beyond 2000 until the OFPP revises the cap. Consequently, multiyear proposals must reflect the current cap (00-PPD-047R).
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