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The Cost Corner: Government Contracts Cost and Pricing – Compensation for Personal Services (Part I)
29 Feb 2024, 2:29 pm
Sixth, the Compensation Cost Principle requires “special consideration” of compensation costs for certain individuals.[25] Such individuals include owners of closely held corporations, members of limited liability companies, partners, sole proprietors, or members of their immediate families, and persons who are contractually committed to acquire a substantial financial interest in the contractor’s business.[26] Compensation for those individuals must be reasonable for the… [read post]
1 Feb 2024, 9:39 am
Before the pandemic Boeing traded at over $300 a share. [read post]
1 Dec 2023, 8:31 am
The promised benefits related to his having previously worked for a company that NG had acquired, TRW, Inc. [read post]
26 Oct 2023, 6:30 am
Posted by Lindsey Stewart, Morningstar, Inc, on Thursday, October 26, 2023 Editor's Note: Lindsey Stewart is Director of Investment Stewardship Research at Morningstar, Inc. [read post]
26 Oct 2023, 6:30 am
Posted by Lindsey Stewart, Morningstar, Inc, on Thursday, October 26, 2023 Editor's Note: Lindsey Stewart is Director of Investment Stewardship Research at Morningstar, Inc. [read post]
25 Oct 2023, 7:17 pm
Boeing – Conspiracy to Defraud Leading to Fatal Crashes A federal indictment was filed against The Boeing Company in the Fort Worth federal district court, charging conspiracy to defraud the United States Government by disregarding or disrespecting federal safety regulations and rules regarding its Boeing 737 Max jets, allegedly causing two plane crashes where hundreds of people died. [read post]
11 Oct 2023, 9:25 am
The FAR directs the Government to examine the reasonableness of costs with “particular care” in connection with firms or separate divisions that may not be subject to effective competitive restraints.[16] The Defense Contract Audit Agency (DCAA) frequently challenges the reasonableness of interdivisional work orders, subcontracts with affiliates, and subcontracts with companies owned or managed by former employees. [read post]
1 Oct 2023, 9:05 pm
The Boeing Company, Criminal Action No. 4:21-cr-5-O, February 9, 2023. [9] Press Release, U.S. [read post]
24 Aug 2023, 11:18 am
In Boeing, plaintiffs were given access to over 44,000 internal documents containing 630,000 pages about Boeing’s oversight of airplane safety. [read post]
15 Aug 2023, 4:00 am
See Stericycle, Inc., 372 NLRB No. 113 (2023) . [read post]
9 Aug 2023, 10:26 am
Grace & Company, Inc., take a look at the recent Delaware Duty of Oversight decisions and consider their implications. [read post]
8 Aug 2023, 9:55 am
If you have questions about the NLRB’s decision in Stericycle, Inc., or need assistance with your company’s employee policies or forms, please contact Doug Taylor at (703) 525-4000 or rdougtaylor@beankinney.com, or your current Bean, Kinney & Korman attorney. [read post]
7 Aug 2023, 12:09 pm
For several years, the NLRB used the analytical framework established in the 2017 Boeing Company decision (365 NLRB 154 (2017)), a standard which emphasized the importance of the employer’s legitimate business justifications in the context of workplace rules. [read post]
7 Aug 2023, 6:41 am
Under The Boeing Company test, the Board weighed the nature and extent of such rules’ potential impact on employee rights under the National Labor Relations Act (“NLRA”) against employers’ legitimate justification(s) for the policies. [read post]
4 Aug 2023, 4:42 pm
On August 2, 2023, the National Labor Relations Board (the “NLRB” or “Board”) issued its decision in Stericycle Inc., 372 NLRB No. 113 (2023) (“Stericycle”) overruling the standards established in The Boeing Company, 365 NLRB No. 154 (2017) (“Boeing”) and LA Specialty Produce Co., 368 NLRB No. 93 (2019) (“LA Specialty Produce”) for determining whether facially neutral work rules violate Section… [read post]
3 Aug 2023, 2:32 pm
Existing Precedent: Boeing In The Boeing Company, 365 NLRB No. 154 (2017) (Boeing), the Board established a balancing test between the potential impact on the employee’s rights under Section 7 of the National Labor Relations Act (NLRA) and the employer’s legitimate justifications associated with the rule. [read post]
2 Jul 2023, 8:52 am
An interesting counterpoint to the retroactivity analysis in Weld County is Judge Katsas’s opinion in ITServe Alliance, Inc. v. [read post]
19 Jun 2023, 5:47 am
Deol's wife and family brought a wrongful death action against Gregory and her employer, New Prime, Inc. [read post]
13 Jun 2023, 11:17 am
Boeing Co. v. [read post]
22 Apr 2023, 5:11 am
Micron Technology, Inc., No. [read post]