China Law On Term Employment Contracts.
2009-09-03 14:28:00 One of our clients is coming to the end of its contract term with the bulk of its China employees. They wrote Steve asking him some questions regarding fixed term employment contracts under Chinese law. Steve's reply is a made to order blog post, so here goes: Pursuant to Chinese law, you are permitted to enter into two fixed term contracts with an employee. The term of these contracts can be any fixed term that is agreed between the parties. Typically, in China, the term ranges from one to five years. At the end of the second fixed term contract, you have two choices. You can chose not to continue the employment relationship or you can chose to continue the employment relationship under an open term relationship. An open term relationship requires a written contract. This contract has no term. It terminates only under the following circumstances: 1) the employee voluntarily resigns, 2) the employee reaches retirement age or 3) the employee is terminated for "cause." Term...
By: China Law Blog
Trading ETFs Futures Contracts
2009-09-01 15:16:00 With the increasing popularity of exchange traded funds (ETFs) in recent years, the futures contracts on them are also becoming popular. Although traded much differently, ETFs futures also allow the traders to profit from the price volatility of tracking index or market. They were introduced into the market in 1997 and currently there are three stock index futures traded ? S&P 500 Depository Receipts (large-cap stocks), NASDAQ 100 Index Tracking Stock (top 100 financial companies listing on NASDAQ) and IShares Russel 2000 Index Fund (small cap stocks).Trading ETFs futures is completely different from trading ETFs.They are not traded in shares but as standardized units of 100 shares. They do have expiration dates on which the settlement is physically settled by delivering the underlying futures contracts.They are traded through futures account, not through securities account.Futures have inherent leverage on margin, often up to 15:1, allowing traders to control more money than th...
Software for Writing Contracts
2009-08-12 23:13:00 I am looking into buying software for writing contracts and such. At this time i just use word and type away, but i am seeing some neat stuff around and i am assuming its from software (automatic strike outs with red lines was the one i saw today) and i would like to opinion of the CR4 community on
Top Ten Worst Chicago Contracts
2009-08-12 14:05:00 10. Jake PeavyUntil the Sox see what they've got in their new stud from San Diego, Peavy's contract will remain a frightening proposition....
Enforcing Contracts In China. Way, Way Better Than You Think.
2009-07-13 13:23:00 By Steve Dickinson At a recent meeting of foreign businesspersons in Qingdao, I sat next to a very unhappy man who loudly stated: “Chinese contracts are not worth the paper they are written on.” I told him: “Your statement is not true. As a matter of fact, the Chinese courts do very well at enforcing clear written contracts.” As usual, I was greeted with disbelief. The problem with this person’s statement is that it becomes a self-fulfilling prophecy. People who think China will not enforce contracts tend to ignore the issue. They either enter into no contract at all or they enter into a poorly drafted contract or they enter into a contract that is not enforceable in China. This is the actual story for this particular individual. As he now knows, this attitude about Chinese contract enforcement is a mistake. My view of the Chinese contract enforcement process is based on over 30 years of experience in China. However, I am clearly not the only person who has come to this ...
By: China Law Blog
Will former Daley top aide squeal about O'Hare contracts?
2009-07-09 05:10:00 It's just my guess, but John Harris' guilty plea in federal court Wednesday is causing more ripples in Chicago's City Hall, especially on the fifth floor--that's the mayor's office--than it will in the halls of the state Capital. Harris, former Gov. Rod Blagojevich's chief of staff, pled guilty to a single count of wire fraud in exchange for his valuable cooperation in the U.S. attorney's prosecution of Blagojevich. No doubt he has many interesting stories to tell, but as a former insider in Mayor Richard M. Daley's, he might have even more interesting stories to tell about goings-on in Chicago's City Hall and O'Hare Airport....
Form Contracts In China. You've Got To Fight The Powers That Be.....
2009-06-10 00:20:00 This is the second in a series of posts on Chinese contract law by co-blogger Steve Dickinson. The first post, "China Contract Law: Going All Clear On Us Now," discussed recently issued PRC Supreme Court explanations on various aspects of contract law. This post discusses how Chinese law tends to disfavor contractual disclaimers of liability. US courts tend to disfavor them as well, but workarounds are usually possible. This is not the case in China and we are finding that most of our US and European clients (particularly those in the shipping/freight business) do not realize this. In my recent post concerning the PRC Contract Law, I noted that restrictions on disclaimers of liability in form contracts are a particular concern. As I mentioned, form contracts are often used for cargo and other carriage contracts. The primary function of such contracts is normally to limit the liability of the carrier. This runs directly against the form contract provisions of the Contract Laws...
By: China Law Blog
PSD to Magento -> Easy Money + Future Contracts by j3r0m3
2009-05-12 16:27:00 Hello FreeLancers, This is an easy PSD to Magento job. We already have a PSD designed by another freelancer ready to be converted to Magento. You will have to : - Convert our PSD to Magento... (Budget: $30-250, Jobs: Graphic Design, Photoshop, PHP, Script Installation, Website Design)
LME Steel Billet Contracts Gain Momentum
2009-04-03 18:38:00 Members of the London Metal Exchange steel committee met for the first time on March 16 and reviewed progress made in the LME billet contracts. Turnover since the contracts’ launch in Februar... more from scrapmetalprices...
Firms defraud government but get new US contracts
2009-02-27 14:42:00 [From AP via Yahoo] By LARRY MARGASAK, Associated Press Writer WASHINGTON ? Companies that defrauded the United States and jeopardized American lives received new government work despite rulings designed to stop them from receiving federal contracts, government investigators report. Payments went to a company whose president tried to sell nuclear bomb parts to North Korea, a company that ...
By: News for Greens
Obama Order Allows Unions to Drive Up Cost of Gov?t Contracts
2009-02-08 14:45:00 -By Warner Todd Huston The newest in his series Executive Orders that are little else but sops to unions was uncorked in Washington on Friday, February 6. This one ordered the use of union labor for large-scale federal construction projects, eliminating 84 percent of the American contractors that are not unionized. Not only would this bill force ...
By: Publius Forum
Secularist MP questions contracts for faith groups
2009-01-19 06:29:00 The Christian Institute reports on Friday, 16 January 2009. 'A Labour MP has implied that faith groups should not be given public money to carry out work for the Government if they only employ staff who share their beliefs.Graham Allen, MP for Nottingham North, is an honorary member of the National Secular Society (NSS) and a known opponent of faith schools.He used written parliamentary questions to ask about the Government?s policy on giving contracts to faith groups if they make use of legal protections in employment equality laws.These laws include religious liberty provisions so that organisations can employ members of staff who share their beliefs, if it is a genuine occupational requirement.Mr Allen was told by Jonathan Shaw MP, of the Department for Work and Pensions, that as long as organisations complied with the law they would not be excluded from receiving Government contracts.However, Mr Allen?s questions follow hints that the Government?s new Equality Bill could introd...
By: Christian Quoter
Josh Bard Signing Official
2008-12-30 22:22:00 Bard back with Red Sox: Tony Massarotti reports that the deal between the Boston Red Sox and Josh Bard is official now. The deal is for 1 year, $1.7 million and has incentives that could bring the deal to $2.5 million. Most of the contract is non-guaranteed. He also adds that this DOES NOT eliminate ...
By: Random Thoughts
Contracts and Proprietary Software
2008-12-29 13:26:00 I have a card access system that uses propreitery software from an outside vender. We are currently in the works to get a newer system up and running but in the meanwhile we want to use the older system. the problem is the outside venders contract is about to expire and he said if we continue to use
Breaking News: Patriots Shuffle Roster
2008-09-15 23:28:00 The New England Patriots made the following roster moves today: They released P Tom Malone from the practice squad and TE Stephen Spach was released from the 53-man roster. The team signed S Mark Dillard to the practice squad and RB Kyle Eckel to the 53-man roster. Dillard returns after being let go in the last week and ...
By: Random Thoughts
China Sales Contracts. Do You Know Where Your Law Is?
2008-09-12 18:14:00 Will Lewis over at Experience Not Logic (ENL) does an excellent job explaining a somewhat difficult but important legal concept in the international sale of goods. The concept is choice of law and the point of ENL's post, entitled, "Sales To and From China. What Does Your Choice of Law Clause Look Like?" is that companies frequently intend to have their contracts operate under one law, but mistakenly write their contracts in a way that some other law will apply. Let me explain. With few exceptions, the Uniform Commercial Code (UCC), Section 2, governs the domestic sale of products in the United States. With few exceptions, international product sales contracts are governed by the United Nations Convention on Contracts for the International Sale of Goods (CSIG), if the contract is between companies from countries that have signed on to CSIG. Both China and the US are signatories, as are nearly all other leading commercial nations. But here is where companies make their mis...
By: China Law Blog
Orsillo Signs Four Year Deal
2008-09-10 00:56:00 According to Broadcast Industry sources, NESN andDon Orsillo have agreed to a four-yearcontractto remain as the Boston Red Sox play-by-play man on the regional cable network. The new contract, whichruns through 2012, also allows Orsillo to call post season games for TBS. He is not the only current Sox broadcaster with national ties as Orsillo’s boothmate ...
By: Random Thoughts
Birmingham Midshires declines Assignable Contracts
2008-06-09 19:57:00 www.daveso.com - Make Some Money - wrote: Birmingham Midshires declines Assignable Contracts Is this another sign of the credit crunch? During May Birmingham Midshires added a note to their mortgage book with the CML (Council of Mortgage Lenders) 5.1.1- Contact point if the seller has owned the property for less than 6 months. Completions Team at office issuing mortgage instructions. See Offer for contact details. NB We will not normally proceed on cases where the property is already owned by the borrower but for less than 6 months. Applications which involve assignable contracts are not acceptable. Assignable contracts, used heavily by some investors are no longer allowed by BMS. An assignable contract allows an investor to exchange contracts on a property, but sell his contract on to another investor, without buying the property. The new investor would just raise the funds and mortgage in the normal way and complete the sale. This is a sign that BMS are becoming more and more ti...
AIG faces SEC probe on subprime mortgage contracts: report
(Reuters)
2008-06-08 22:06:00 Fri Jun 6, 2:44 AM ET (Reuters) - The U.S. Securities and Exchange Commission is investigating whether American International Group Inc (AIG.N) overstated the value of contracts linked to subprime mortgages, the Wall Street Journal said on Friday, citing people familiar with the matter. The way AIG valued credit default swaps, including those backed by subprime mortgages, is at issue, the newspaper said. Prosecutors from the U.S. Department of Justice and the U.S. attorney's office in Brooklyn, New York have asked for information the SEC is gathering, which could signal a criminal investigation, the newspaper said. AIG, the SEC, the Justice Department and the U.S attorney did not immediately return calls seeking comment. According to the newspaper, an AIG spokesman said the company would co-operate in regulatory and governmental reviews on all matters. Credit protection costs have risen for AIG, the world's largest ...
In The Red Zone: Pats Sign Another Lineman
2008-06-07 03:00:00 From the Boston Globe: Offensive lineman Gene Mruczkowski was present at today’s Patriots mini-camp practice, with the team confirming that he’s been re-signed to an undisclosed contract. It’s the 7th time he has been signed by the team. Mruczkowski, who spent last season with the Dolphins, plays center and guard. He first joined the Patriots in 2003 ...
By: Random Thoughts
In The Red Zone: Patriots Sign Lineman
2008-06-03 12:00:00 The New England Patriots signed free agent offensive tackle Oliver Ross to a contract Monday. The 33-year old Ross who is 6-foot-4 and 327 pounds has played with the Cowboys, Eagles, Steelers and Cardinals. He has played in 89 career games but missed last season after being placed on the IR with a torn left triceps ...
By: Random Thoughts
Investing View: Why Small Contracts Can Lead to Big Profits During Turbulen
2008-06-02 08:30:00 There?s an old adage in business that big contracts command big headlines. But bigger isn?t always better. All too often, companies that focus only on big contracts discover there are very lean stretches between contract awards. And that affects the predictability of their earnings. That?s why here at Money Morning we?re more interested incompanies that can secure a lot of smaller contracts on a consistent basis - and that can transform those deals into predictable, double-digit growth. We refer to these modest-contract specialists as the “Masters of the Small Bid.” Let me explain? As we?ve stated, the companies we?re targeting aren?t characterized…
By: Jutia Group
Hillsborough County contracts with Jacobs Engineering Group - MSN MoneyCent
2008-05-30 12:39:00 A contract to provide professional engineering services to Hillsborough County could mean up to $8 million in revenue for Jacobs Engineering Group Inc. The contract is for an initial two-year term... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: Engineers Voice
American Axle gets $1.4 billion in new contracts; majority from outside U.S
2008-05-29 02:03:00 American Axle gets $1.4 billion in new contracts; majority from outside U.S. With the three-month old UAW strike at American Axle's U.S. plants finally resolved, the supplier is getting back to business. On Wednesday, CEO Richard E. Dauch announced his company was awarded new contracts from across the globe totaling $1.4 billion, between 2009 and 2013. The CEO went on to explain about 85 percent of the new revenue will come from non-U.S. facilities, including agreements in Brazil, China, India, Mexico, Poland and Thailand. Over half of the supplier's production will come from outside the U.S., and 65 to 70 percent of those products will find their way in U.S. vehicles, according to Automotive News. American Axle will stick to building drivetrain components for rear and all-wheel drive vehicles, but is looking to expand into offering electronically controlled products such as transfer cases and differentials. The new contract will save American Axle $300 million annu...
Regulator puts hold on stock futures contracts
2008-05-28 10:11:00 The State Securities Commission (SSC) ordered brokerages on May 27 to put a hold on future contracts with customers to reduce losses for both sides in the sluggish market. Future contracts are deals where customers have agreed to buy or sell stocks in a certain period of time at a previously negotiating price. ?This... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Contracts for difference
2008-05-24 02:39:00 Most traders understand the concept of trading on margin - borrowing money from your broker to purchase shares. Margin amplifies your profits and your losses, because you have leveraged your position through a loan. An interesting financial instrument that I was not familiar with is the Contracts for Difference (CFD). The trader ...
Paw Prints: Thomas Signs Deal With Miami
2008-05-23 22:00:00 The Miami Dolphins website is reporting that the team signed sixth round draft pick Donald Thomas to a multi-year contract. Thomas was a four year letterman at UConn where he played in 34 games, including 15 starts at guard over his final two seasons. Thomas originally started his college career as a defensive lineman and moved ...
By: Random Thoughts
Kraft Speaks On NFL Opt Out
2008-05-21 18:00:00 New England Patriots owner Robert Kraft is on the record in today’s Boston Globe with his views on the NFL owners opting out of the current collective bargaining agreement with the NFL Players Association. He also spoke with the NFL Network and you can see his comments about the labor agreement. The NFLPA chimed in as well ...
By: Random Thoughts
NFL Owners Opt Out Of CBA, 32-0
2008-05-20 17:07:00 The NFL owners voted this morning at the Owner’s Meetings in Atlanta to opt out of the current collective bargaining agreement with the NFL Players Association. The move was expected and comes as no surprise. The current agreement was initially negotiated in 1993 and must recently renewed in 2006 and was set to expire in 2012. ...
By: Random Thoughts
Parliament, Spy Agency Contracts Exempted From Ombudsman?s Gaze
2008-05-20 04:54:00 From the Canadian Press: Prime Minister Stephen Harper and his cabinet have exempted contracts with Parliament and Canada’s spy agency from oversight by a new ombudsman’s post that was central to the 2006 Conservative election campaign. The government slipped the exemptions through last week in regulations that empower the contract procurement ombudsman under the Accountability Act - ...
Now Patriots Have An Ortiz Too
2008-05-17 01:00:00 The New England Patriots signed free agent wide receiver Robert Ortiz to a contract. The former San Diego State University product will add more competition at wide receiver for the team. Ortiz, who is 6-foot-1 and 191 pounds, was originally signed by the San Diego Chargers as a free agent in 2006 but was released and ...
By: Random Thoughts
Tucson Pending Contracts April 08
2008-05-15 17:26:00 It has been a while since we took a look at Tucson’s Pending Contracts. The last page of the Tucson MLS Statistic Report released each month contains a summary sheet which is very useful for getting a quick snapshot of where the Tucson Real Estate Market is headed in the near future. Here is a ...
Investors betting on firms that could win rebuilding contracts
2008-05-15 02:18:00 Investors betting on firms that could win rebuilding contracts By Goh Eng Yeow INVESTORS have started buying up stocks that are likely to win extra business in the massive reconstruction effort that is expected to follow the deadly Sichuan earthquake. Shares of steel, aluminium and building-materials firms listed in Shanghai and Hong Kong shot up sharply yesterday on expectations that these businesses are in line for lucrative reconstruction contracts. In Singapore, traders bought big on financial instruments called covered warrants linked to Hong Kong-listed China Railway Construction, one of the mainland’s biggest construction firms. These warrants give investors an option to buy into China Railway Construction until September. If the company wins a big Chinese government contract, these investors stand to gain. As fresh details of the devastation emerged, traders began to realise the extent of likely rebuilding efforts - especially given China’s strong position to...
OBAMA BUYS WEST VIRGINIA ELECTION FOR $24.95; ALSO CONTRACTS BLACK LUNG, BL
2008-05-13 22:59:00 Ah, election year in West Virginia. A time when a young politico’s fancy turns to purchasing as many votes as soft Internet money can buy in a state where “election fraud” means bouncing the check with which you paid some random Cleatus to vote for you 1,192 times in 7 minutes. And though analysts are ...
Hitman: Contracts 1.74 Patch
2008-05-11 21:15:00 Tanıtım:Eidos Interactive, Hitman: Contracts oyunu için yeni bir güncelleme yaması yayınladı. Bu yamayı yükleyerek oyundaki bazı hataları giderebilirsiniz.Indirhttp://fe-eds.feedburner.com/blogspot/VlQ-f
By: oyunBlog
In The Red Zone: Patriots News And Notes
2008-05-09 12:00:00 Time for some more New England Patriots news and notes, the mostly Matt Walsh free version: Although this comes from Hashmark’s and it’s our buddy Arlen Specter checking in again: United States Senator Arlen Specter (R.Pa.) issued the following statement regarding the latest news regarding Spygate. Specter has been an aggressor in this saga. Here is the statement: “I ...
By: Random Thoughts
Surprising candor from Coach Zorn on contracts
2008-05-06 03:02:00 First, in case you missed it, the Redskins started OTAs (Organized Team Activities -- like twister and tag and if no one gets hurt they get capri suns when it is all over with pb and j sammiches (no crusts!!)) sans the rookies. Gary Fitzgerald says: With the three-day mini-camp over, the Redskins moved right into voluntary Organized Team Activity sessions on Monday. Gone were the rookies, 23 in all, and tryout players. Rookies returned to their respective colleges to complete their spring classes. Most will return in early June for a final series of OTA practices. Word on offense growing pains is that the team is struggling slightly with the apparently long snap counts we plan to employ this coming season. If the Seahawks could make it work at Qwest field under the loudest conditions in the NFL, I have every faith we can make good under Coach Zorn on handling our business at scrimmage. Now, if we could just pipe in some crowd noise... Kidding. I think piping in crowd noise is chic...
By: Hogs Haven
Life After the Broncos - Burton, Lewis and Cargile All Receive Contracts
2008-05-05 23:25:00 Three players who were 2007 Broncos have moved on to other pasteurs today. Safety Steve Cargile signed with his hometown Cleveland Browns. Cargile was a local football and basketball star in the Cleveland area before he became an undrafted free agent with Dallas and Denver. Many suspected Cargile would sign with the Browns out of ...
By: BroncoTalk
China Contracts: To Arbitrate Or Not To Arbitrate, That Is The Question.
2008-05-05 01:37:00 Though I got a bit of grief for saying it before, I will say it again, arbitration clauses fascinate me. As I said in a previous post on this topic, entitled, "So Ya Say You Wanna China Arbitration, Well You Know": I can nearly always judge the legal thought that went into an agreement through its arbitration/litigation provision alone. I usually can instantly tell from just that one provision whether the contract was drafted by a lawyer or not, and if it was drafted by a lawyer, whether that lawyer knows international law. Mistakes in this critical provision are rampant. Huge mistakes. In that post, I listed some of the arbitration/litigation clause mistakes I had seen recently and I have a brand new one to add to that list. I got a call a few weeks back from a company wanting to discuss some of the things it could do with its OEM (Original Equipment Manufacturing) contract to protect itself from bad China product I mentioned that we typically put an arbitration provisi...
By: China Law Blog
In The Red Zone: Patriots Sign Two Rookie Free Agents
2008-05-04 12:00:00 Two players that participated in tryouts at the Patriots’ rookie minicamp, punter Mike Dragosavich and tight end Tyson DeVree, have signed contracts. Dragosavich, who punted at North Dakota State, joins two other punters on the roster. While DeVree, who played at Colorado, joins Benjamin Watson, David Thomas, Stephen Spach, Marcus Pollard and Jonathan Stupar at ...
By: Random Thoughts
Youth & Contracts: Should Markakis and Jones Get Their Big Deals Now?
2008-05-02 15:39:00 The erstwhile Ian of Sox and Dawgs sent me this little piece that was featured on the CNNsi.com website the other day on both Nick Marakakis and Adam Jones from featured writer, Paul Heyman that was featured on Buster Olney's blog.From CNNsi: "Most major-league teams are working to sign their best young players to multi-year deals. But right now, the Orioles' internal philosophy is to wait for at least three years before discussing a multi-year deal with the likes of Adam Jones and Nick Markakis.Surprising, isn't it? If the Orioles eschew long-term deals, their best players will be much more expensive when the team is ready to compete. Markakis, their star player, will be up for arbitration after this season. Maybe he won't get the $10MM Ryan Howard did, but $7MM seems reasonable. There were already rumblings that Markakis was angered by this year's $55K raise."I think Adam Jones has plenty of time on his side to earn a contract, so I'll omit him from the conversation; how...
By: The Oriole Post
In The Red Zone - 5/1
2008-05-01 18:00:00 The New England Patriots have announced the finalists for induction into the Patriots Hall of Fame. You as a fan have a say in the process as one of the three finalists will earn induction based on your votes. Voting starts today on the official team website, Patriots.com. The finalist were narrowed to three with help of ...
By: Random Thoughts
Home Exchange Agreements / Contracts
2008-05-01 16:42:00 I was somewhat disappointed to read a post this morning on another home exchange blog referencing an email the author had received from a New York home exchanger requesting information about putting together a ‘Home Exchange Contract’— or as we call it—’Agreement’-;. ExchangeHomes.com offers templates for Home Exchange Agreements, Car Exchange Agreements and a Home Exchange ‘Book’ ...
In The Red Zone: Patriots Sign Rookie Free Agents
2008-04-29 11:00:00 The Patriots signed the following rookies to free agent contracts: East Carolina OL Josh Coffman Georgia Tech LB Gary Guyton Illinois DL Chris Norwell Liberty OLB Vince Redd Alabama DE/OLB Keith Saunders Virginia TE Jonathan Stupar Portland State DL Casey Tyler The following rookies will be at rookie minicamp on a tryout basis: North Dakota State P Michael Dragosavich Troy RB Kenny Cattouse Colorado TE Tyson ...
By: Random Thoughts
Indonesia's PLN awards contracts to build 2 power plants worth $890 million
2008-04-25 08:26:00 Indonesia's state electricity company PT Perusahaan Listrik Negara (PLN) said Friday it has awarded contracts to build two coal-fired power plants worth about $890 million to two groups. PLN president Fahmi Mochtar said Sinohydro Corp. was awarded a contract to build the Nagan Raya power plant in Aceh province. The other contractor, a consortium consisting of China National Machinery Corp, China National Electric Equipment Corp. and local company PT Penta Adi Samudra, was awarded a contract to build the Tanjung Awar-Awar plant in East Java province, Mochtar said. He said the Nagan Raya plant will have two generators with capacity of 110 megawatts each and will be completed within 24 to 26 months. The Tanjung Awar-Awar plant will also have two generators each with the capacity to generate 350 megawatts and will be completed in 33 months. The two projects are part of PLN's fast-track program to build new coal-fired power capacity of 10,000 megawatts.Indonesia News Blog: h...
House Votes to Close Code of Ethics Loophole on Contracts Performed Outside
2008-04-24 04:38:00 The requirement found at FAR 52,203-13 was implemented on December 24, 2007 and requires any contractor who is awarded a contract in excess of $5 million to have a written Code of Business Ethics and Conduct within thirty days after award. Large business firms must also implement a training and compliance program within ninety days (see our earlier blog article for additional information). The requirements, however, did not apply to contracts that were to be performed outside of the United States. This “exemption” for foreign projects has now received the attention of the U.S. House of representatives.As reported today by the Associated Press, the House has voted to close a multibillion-dollar loophole in a crackdown on contract fraud, approving plans to force the Bush administration to act within six months. At issue is a Bush administration rule requiring government contractors to report misuse of taxpayer dollars to the Justice Department. The rule, as...
House Votes to Close Code of Ethics Loophole on Contracts Performed Outside
2008-04-24 04:38:00 The requirement found at FAR 52.203-13 was implemented on December 24, 2007 and requires any contractor who is awarded a contract in excess of $5 million to have a written Code of Business Ethics and Conduct within thirty days after award. Large business firms must also implement a training and compliance program within ninety days (see our earlier blog article for additional information). The requirements, however, did not apply to contracts that were to be performed outside of the United States. This “exemption” for foreign projects has now received the attention of the U.S. House of representatives.As reported today by the Associated Press, the House has voted to close a multibillion-dollar loophole in a crackdown on contract fraud, approving plans to force the Bush administration to act within six months. At issue is a Bush administration rule requiring government contractors to report misuse of taxpayer dollars to the Justice Department. The rule, as...
NFL Rookie Contracts Are Out of Control…Still
2008-04-23 07:29:00 NFL rookie contracts are going to destroy the league’s salary structure. I touched on this last year, but since the league has no intention of coming up with a solution (which is good news for Jake Long), I’ll rant about it again. In case you haven’t heard, the Dolphins just made Jake long the highest paid lineman in the league. He has played zero NFL games. For those who think it’s a good deal for Miami, take a look at the offensive lineman who have been drafted in the top 5 since 2001: Joe Thomas, Levi Brown, D’Brickashaw Fergeson, Robert Gallery, Mike Williams, and Leonard Davis. Of those six, Williams and Gallery have been complete busts, Thomas looks like a future star, Davis is a solid player but at guard not tackle, and the jury is still out on Fergeson and Brown. It’s a small sample size, but it’s not exactly the evidence you’d like to see before making a rookie the highest paid lineman in the league. The problem for the D...
By: ShakedownSports
United trio sign new contracts
2008-04-18 15:47:00 Rio Ferdinand, Michael Carrick and Wes Brown have all signed new contracts at Manchester United, much to the delight of Sir Alex Ferguson.
By: sports
Vodafone giving 10 a month discount on 35 and 40 mobile contracts
2008-04-17 13:41:00 If you change up for an 18 month contract Vodafone will give you 10 a month discount on their 35 and 40 mobile contracts. This is great news because most network companies offer mostly 18 month contracts so with Vodafone knocking of 10 a month we can see this be a real good deal for all ...
By: Phones Review
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