Two senators introduced a billÂ Friday to lower the maximum amount for reimbursement of government contractor salaries.
Sens. Barbara Boxer (D-CA) and Chuck Grassley (R-IA) introduced theÂ Common-Sense Contractor Compensation Act to lower the maximum reimbursement rate and extend the limit to all contracting employees.
Contracting firms have been allowed to charge the governmentÂ $693,951 for the salaries of their top five employees.
The new bill, if passed, would limit government funded salariesÂ fromÂ $693,951 toÂ $400,000.
This is not the first bill the Senate has seen in regard to contractor pay reimbursement.
In September, the Senate reviewed a bill that would apply to the top five contractor executives andÂ reduce the reimbursement rate from $700,000 to $200,000.