Incurred Cost Submission

2012 Executive Compensation Limit/Cap increased to $952,308

The Federal Register published a notice on Dec. 4, 2013 increasing the exec comp cap to $952,308.  This may present implications to larger businesses with 12/31 Fiscal Year Ends who have already submitted timely Incurred Cost Submissions disallowing executive compensation in excess of the previous cap of $763,029 for 2011.

#ExecComp

http://www.gpo.gov/fdsys/pkg/FR-2013-12-04/pdf/2013-28982.pdf

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