Rescission of Increased Minimum Wage for Federal Contractors Triggers Wage & Pricing Issues

On March 14, Pres. Trump revoked Executive Order 14026, Increasing the Minimum Wage for Federal Contractors (EO). Government contractors in the service and construction sectors should evaluate how Pres. Trump’s decision to cancel the EO will impact their pricing strategies and outstanding price adjustment requests. Effective immediately, contractors are no longer...