A U.S. federal labor law that establishes minimum wage, overtime pay, recordkeeping, and child labor standards for most employees in the private sector and in federal, state, and local governments. Commonly known as the Federal Wage and Hour Law, the Fair Labor Standards Act (FLSA) is administered by the U.S. Department of Labor and sets the baseline requirements employers must follow when compensating employees. In government contracting, the FLSA works alongside other labor statutes, such as the Service Contract Act (SCA) and the Davis-Bacon Act (DBA), to help ensure contractors comply with applicable wage and labor standards.
Fair Labor Standards Act (FLSA)
A US federal labour law setting minimum wage, overtime, recordkeeping, and child labour standards for most employees.
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This session covers how to run proposal review gates that consistently strengthen drafts through structured feedback and resolution tracking.
This session covers how to run proposal review gates that consistently strengthen drafts through structured feedback and resolution tracking.
Stage Gates, now live in VisibleThread's proposal management software, put a checkpoint at every stage boundary on your Tracked Opportunities and Proposals boards. Before a card can move forward, the person moving it has to answer the questions your team defined for that transition. The answers save against the card, permanently.
Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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