Federal buyers haven’t been the only busy workers this summer.  In the middle of the busiest time of the year for contracting, federal regulators have gotten into the game, too.  This can cause potential problems if your company has been busy closing end of year business, but is not aware of the new rules could impact its business.  Time to take a breather to look at just three new rules you now have to play by.  The Fair Pay and Safe Workplaces rule requires contractors, and their subs, to track and report to contracting officers evidence of any breach of federal labor law they incur as part of fulfilling a government contract.  So, you and your subs have to know about all of the potential breaches, and then tell the CO, someone also likely unfamiliar with those rules, what happened.  GSA implemented its Transactional Data Rule, requiring Schedule contract holders to submit reports on all Schedule sales each month for ultimate consumption in a GSA-maintained price comparison database.  Contractors have a brand new risk in collecting and transmitting this data if their information is deemed less than accurate, current and complete. Finally, are you creating new code for your federal customer?  A new OMB mandate requires your customer to share at least 20% of any new specially-constructed code each year.  Now, everyone else can leverage your brilliance!  New revenue is important to your success, but so too is knowing where the new bumps and hurdles are.  Don’t get bruised.