Pub. L. 104-61, tit. VIII, sec. 8122

Pub. L. 104-61, tit. VIII, sec. 8122

EnactedYear: 1995Length: 98 wordsOfficial source
Sec. 8122. None of the funds available to the Department of Defense under this Act shall be obligated or expended to pay a contractor under a contract with the Department of Defense for costs of any amount paid by the contractor to an employee when it is made known to the Federal official having authority to obligate or expend such funds that— (1) such costs are for a bonus or otherwise in excess of the normal salary paid by the contractor to the employee; and (2) such bonus is part of restructuring costs associated with a business combination.
Pub. L. 104-61, tit. VIII, sec. 8122 | Justis AI