PDF Sequestration Transparency Act of 2012.

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ISL: Sequestration (Public Finance) Research Guide

The Senate last night passed by unanimous consent H. With overwhelming support in the House and Senate, the bill will now be sent to the president for his approval.

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Congress has made a clear and united call for more transparency, and I hope President Obama will sign this bill into law expediently. It is time for President Obama to level with taxpayers about the full impact of the scheduled cuts to our national defense, and join with Congress in finding alternative savings that do not jeopardize our national security. The report required by the Sequestration Transparency Act would assist Congress in assessing the long-term effect these cuts will have on our national defense, and aid in its year-end legislative business, including fiscal year appropriations.

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John Thune U. Senator for South Dakota.

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2012-017 Mark Up of Sequestration Transparency Act of 2012 [ID: 103893]

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Federal Priorities

If federal agencies announce which contracts will be terminated or curtailed as a result of sequestration, pursuant to DoL guidance, WARN Act notices would be required at that time. Contractors should therefore continue to monitor developments for any sequestration information that would impact their specific contracts.

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As soon as OMB or another federal agency provides additional information as to which programs or contracts will be affected by sequestration, WARN Act notices are likely to be appropriate at that time. Contractors are therefore well advised to actively seek out information related to their programs so that they can promptly determine when terminations or cutbacks to their specific contracts are foreseeable.

https://ogliwaltbowl.gq This will be especially important if the information is received with less than 60 days of the announced cutback if the contractor wants to avail itself of the "unforeseen business circumstances" exception. She was recognized as one of the top five lawyers in her practice area on this elite national list of attorneys under the age of SIGNAL is a total solutions provider—advocacy, strategic communications, research, and digital media—for clients seeking to engage the federal government to achieve competitive advantage, influence public policy, establish new markets, and secure public capital.

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