Remove 2013 Remove Freight Remove Inventory
article thumbnail

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. 115, 120 (1999) (the proper valuation of inventory was fair value, which meant fair market value). Wages and salaries rose 5.7 percent.” [7] B-408032 et al.,

article thumbnail

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. Louis, stlouisfed.org (July 1, 2013), available at [link]. [44] Benefits Increase Over the Preceding 12 Mos. 2022 +5.1% +5.1% +4.8% 2022 +5.2% +5.2% +5.0% 40] See id. [41]