Top 5 Things to Know in GovCon This Week (October 1st - October 7th, 2024)

Stay ahead in the dynamic world of government contracting with our roundup of the top five must-know updates from this week.

1. DoD Introduces Defense Security Cooperation Service

The Department of Defense (DoD) has launched the Defense Security Cooperation Service (DSCS) to strengthen U.S. strategic partnerships globally. This new service will oversee and manage the security cooperation workforce, aiming to enhance the capabilities of allied militaries through better training and equipment.

2. Sustainable Technologies Under Evaluation by DoD

The DoD is actively testing and evaluating sustainable technologies through the Sustainable Technology Evaluation and Demonstration Program (STED). This initiative focuses on improving performance, reducing lifecycle costs, and securing supply chains by utilizing domestically sourced materials.

3. New Minimum Wage Rates for Federal Contractors Announced

Starting January 1, 2025, the U.S. Department of Labor will implement new minimum wage rates for federal contractors. The updated rates will range from $9.30 per hour for tipped workers to $17.75 per hour for other roles, ensuring fair compensation across the board.

4. Joint Operations in the South China Sea

Forces from Australia, Japan, New Zealand, the Philippines, and the U.S. have conducted joint operations in the South China Sea. These exercises, held within the Philippines’ exclusive economic zone, aim to enhance interoperability and uphold freedom of navigation and overflight in the region.

5. National Guard’s Hurricane Relief Efforts

In response to Hurricane Helene, the National Guard has deployed around 6,700 guardsmen from 16 states to assist with recovery efforts in the American Southeast. Their missions include highwater rescues, debris removal, and distributing disaster relief supplies.

Stay tuned for next week’s edition of “Top 5 Things to Know in GovCon this Week” for more insights and updates from RSM on the ever-changing government contracting industry!

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Our team of experts can help contractors navigate the complexities of implementing Microsoft Dynamics.

Contact our team now:

For information on D365 Business Applications – Jonathan.Reynolds@rsmus.com