It's the 4th quarter stretch...
of the Federal Government's Fiscal Year (FY) 2023 (or End of FY (EOFY)), the time when Federal agencies are looking to use their remaining budgets to purchase as many goods and services as they can before closing out their books for the year. From the outside the process can seem like a chaotic and unorganized spending frenzy. From the inside, it's a frenzy… but not without its rules. In this issue, we will look at the types of funds agencies work with and how they can be used, particularly at this time of year.
We also continue our series on the Service Contract Labor Standards (SCLS, formerly known as the Service Contract Act) and get into exemptions for certain services and individuals along with the governing statutes, regulations, and criteria that must be met. While it may seem like you can pick exemptions out easily based on labor categories, it’s not just about job titles as you’ll soon see.
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Have a great weekend!
Shauna
