41-U.S.C.-4301
§4301 – Definitions
Pathway
Title 41 > Subtitle I > Division C > Chapter 43 > Section 4301
Details
- Reference: Section 4301
- Legend: §4301 – Definitions
- USCode Year: 2013
Provision Content
In this chapter:
(1) Compensation.—The term compensation, for a fiscal year, means the total amount of wages, salary, bonuses, and deferred compensation for the fiscal year, whether paid, earned, or otherwise accruing, as recorded in an employers cost accounting records for the fiscal year.
(2) Covered contract.—The term covered contract means a contract for an amount in excess of $500,000 that is entered into by an executive agency, except that the term does not include a fixed-price contract without cost incentives or any firm fixed-price contract for the purchase of commercial items.
(3) Fiscal year.—The term fiscal year means a fiscal year established by a contractor for accounting purposes.
(4) Senior executive.—The term senior executive, with respect to a contractor, means the 5 most highly compensated employees in management positions at each home office and each segment of the contractor.
(Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3784.)
| Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 4301(1) | 41:256(m)(1). | June 30, 1949, ch. 288, title III, §306(m), as added Pub. L. 105–85, title VIII, §808(b)(2), Nov. 18, 1997, 111 Stat. 1836; Pub. L. 105–261, title VIII, §804(b), Oct. 17, 1998, 112 Stat. 2083. |
| 4301(2) | 41:256(l)(1). | June 30, 1949, ch. 288, title III, §306(l)(1), as added Pub. L. 100–700, §8(a)(1), Nov. 19, 1988, 102 Stat. 4634; Pub. L. 103–355, title II, §2151, Oct. 13, 1994, 108 Stat. 3315. |
| 4301(3) | 41:256(m)(3). | |
| 4301(4) | 41:256(m)(2). |
U.S. Encyclopedia of Law Coverage
41-U.S.C.-3902 in the Legal Encyclopedia: Public Contracts
In this entry about 41-U.S.C.-3902, find legal reference material, bibliographies and premiere content related to public contracts in the American Encyclopedia of Law, presenting a comprehensive view of the United States public contracts-specific issues, written by authorities in the field.
41-U.S.C.-3906 in the Legal Encyclopedia: Procurement
In this entry about 41-U.S.C.-3906, find legal reference material, bibliographies and premiere content related to procurement in the American Encyclopedia of Law, presenting a comprehensive view of the United States procurement-specific issues, written by authorities in the field.
Chapter 39 – Specific Types of Contracts in the Legal Encyclopedia: Federal Procurement Policy
In this entry about Chapter 39 – Specific Types of Contracts, find legal reference material, bibliographies and premiere content related to federal procurement policy in the American Encyclopedia of Law, presenting a comprehensive view of the United States federal procurement policy-specific issues, written by authorities in the field.
Leave a Reply