Government Withholding Relief Coalition Update

One Year Delay of Implementation of Three Percent Withholding on Government Contractors.

The proposal would delay for one year the implementation of the provision enacted in 2005 that would require three percent withholding on payments made by government entities after December 31, 2010.

This proposal is estimated to cost $291 million over ten years.

Click here to read more from Chris Braddock of the US Chamber of Commerce

Still wondering if it’s worth the hassle to obtain a federal security clearance?

The Corridor Inc magazine states:

“BRAC-affected agencies and contractors have already initiated recruiting efforts to find workers in Maryland and they’re willing to pay a premium for individuals with security clearances.

For example, a 26-year-old electrical engineer with three years experience and a security clearance can get “a $25,000 salary bump” over a comparable engineer without a clearance, said retired Brigadier General Mike Hayes, director of DBED’s Office of Military and Federal Affairs.”

To find out more about Security Clearances for yourself and you company, sign up today to attend the Security Clearance Seminar at The Center for Business and Technology in Howard County.

Click here for more information. Space is limited to the first 30 registrants.