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ENR > Washington Observer > Contracting: House To Vote on Delaying 3% Withholding - ENR | McGraw-Hill Construction

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Contracting: House To Vote on Delaying 3% Withholding - ENR | McGraw-Hill Construction

Publication Date: 10-OCT-07
Author:  Pam Hunter
Price: $4.95
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Description
The House was poised to vote at ENR press time on a bill to delay for one year a requirement that government agencies withhold 3% of the value of contracts they award. The provision would put off the 3% withholding mandate until Dec. 31, 2011. It is part of a larger bill barring the Internal Revenue Service from contracting with private firms to collect ...

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