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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

Nonetheless, from 2013 to 2018, “[y]ear-over-year [wage] growth has mostly ranged between 2% and 3%[.]” [8] So, with recent wage growth of 5.5%, wage growth has been accelerating. Wages and salaries rose 5.7 percent over this period, while the costs of benefits increased 5.3 percent.” [7] Tenaglia wrote the following. FAR 52.249-14(a). .

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Government Contracts Inflation Update

Procurement Notes

For example, from 2013 to 2018, “[y]ear-over-year [wage] growth has mostly ranged between 2% and 3%[.]” [27] Thus, we are presently in a time of accelerating wages. The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.” [50]