Home » GOV. CONTRACTORS » Paper or plastic and other news
 

Paper or plastic and other news

Page« 1 2 3 4 5 6 7 ~View All~»

Fed / Contractor Compensation Issues Are Burning Red Hot
Scott Amey – (POGO) – February 3, 2012 – Compensation was a hot topic this week–here’s a recap of the biggest developments:

Monday: The Congressional Budget Office (CBO) released a study that found that federal employees, on average, are paid 16 percent more than employees in the private sector with the same education.

Tuesday: The White House blogged that the contractor executive compensation cap of $693,951 should be reduced to a “level on par with what the Government pays its own executives – approximately $200,000.”

Wednesday: The House passed a bill (H.R. 3835) freezing federal salaries through 2013.

Thursday: The Senate proposed a bill to freeze civilian pay through 2014 and cut the civilian workforce.

You might recall that in 2011, the FY 2012 National Defense Authorization Act (H.R. 1540) included a provision that extended the reimbursable compensation cap to all defense contractors (with a large loophole for top-talented scientists and engineers that is ripe for abuse). This might sound good, however the cap is expected to jump to approximately $750,000 (see p. 21) in 2012. Although, one might question that cap because it was based on “commercially available surveys of executive compensation,” which included the “5 most highly compensated employees in management position.” With the new cap applying to defense contractor employees, it seems top-heavy to use the old formula. (Click HERE for article)

13th ESC commander dies of apparent natural causes in Afghanistan
Brigadier General Terence J. Hildner
(Fort Hood Press Center) – FORT HOOD, Texas – February 3, 2012 – Fort Hood officials have released the name of a Soldier who died of apparent natural causes Feb. 3 in Kabul, Afghanistan.

Brigadier General Terence J. Hildner, 49, listed his home of record as Fairfax, Va. He was born in New Haven, Conn. He took command of 13th Sustainment Command (Expeditionary) Aug. 19, 2010.

“We are truly saddened by the loss of Brigadier General Hildner,” Lt. Gen. Don Campbell Jr., III Corps and Fort Hood commanding general, said. “This is a tragic loss for the Army, III Corps and for our Central Texas community. Our thoughts and prayers are with his Family and friends. The command will remain focused on assisting the Family through this difficult time.”

A 1984 graduate of the University of Notre Dame, Hildner began his career as an Armor officer with the 3rd Armored Cavalry Regiment at Fort Bliss, Texas. He was reassigned in 1988 to the 2nd Armored Cavalry Regiment in the Federal Republic of Germany. He served as the regimental training officer and subsequently commanded a ground cavalry troop. During his company command, Hildner’s troop deployed with the regiment as part of the U.S. VII Corps’ attack into Kuwait and Iraq during Operation Desert Storm, as well as conducting the last U.S. patrol along the East-West German border before its reunification. (Click HERE for article)

Former Soldier Pleads Guilty in Texas for Leading Role in Scheme to Illegally Obtain Military Recruiting Bonuses
Scheme Resulted in Receipt of More Than $240,000 in Fraudulent Bonuses
(DoJ) – WASHINGTON – February 3, 2012 – A former soldier pleaded guilty today to conspiracy to obtain a total of at least approximately $240,000 in fraudulent recruiting bonuses from various U.S. military components and their contractor, and to one count of aggravated identity theft for unlawfully using the means of identification of a potential soldier, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division.

Former Specialist Xavier Aves, 40, of San Antonio, Texas, was indicted on Sept. 13, 2011, along with former Corporal Christopher Castro, 30, of San Antonio; former Staff Sergeant Grant E. Bibb, 40, of Eagle Pass, Texas; Sergeant First Class Jesus Torres-Alvarez, 31, of El Paso, Texas; Specialist Paul Escobar, 32, of San Antonio; and Specialist Richard Garcia Jr., 28, of San Antonio.

According to court documents filed in U.S. District Court for the Western District of Texas, between approximately 2005 and 2008, the U.S. Army, the U.S. Army Reserves and the National Guard Bureau entered into contracts with Document and Packaging Broker Inc., to administer recruiting programs designed to offer monetary incentives to U.S. soldiers who referred others to join the Army, the Army Reserves and the Army National Guard. In addition, the Army managed its own recruiting programs to offer bonuses to soldiers who referred other individuals to join the Army or the Army Reserves. (Click HERE for article)

Oregon Lawmaker Accused of Diverting Money from A Defense Contractor to Bankroll GOP Candidates
A federal lawsuit says Sen. Brian Boquist, R-Dallas, misappropriated funds from a military training firm he owns
Corey Pein – (Willamette Week) – February 3, 2012 – State Sen. Brian Boquist (R-Dallas) allegedly misappropriated “thousands of dollars” from a U.S. military contractor and funneled the money to Republican Party candidates and causes in Oregon, according to a federal lawsuit filed by Boquist’s former business partners.

Page« 1 2 3 4 5 6 7 ~View All~»

Pages: 1 2 3 4 5 6 7

my image

Leave a Reply

Your email address will not be published. Required fields are marked *