Pricing & costReference document

LAM

Labor Agreement Matrix

Definition

A Labor Agreement Matrix documents the labor categories, rates, qualifications, and terms applicable to a contract or set of contracts. LAMs provide a reference for staffing decisions, pricing calculations, and compliance verification.

LAM accuracy is essential for contract pricing and staffing compliance. Understanding LAM requirements helps contractors manage labor costs and qualifications. LAM updates may be required as rates change or labor category definitions evolve.

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