Blended Rates to Implement Compensation Caps
The file below is a memo issued by Shay Assad, Director, Defense Pricing, from the Office of The Under Secretary of Defense. The file's subject is, "Use of Blended Rates to Implement Multiple Compensation Caps." The purpose of the memo is to allow for a contractor to use blended indirect rates for the capture of 2 different annual compensation caps in 2014. On June 24, 2014 a new compensation cap was implemented with a compensation cap of $487,000.
The memo was issued on October, 24. 2014.