Managing contractors' costs

Thursday - 6/2/2011, 7:05pm EDT

Mark Gaffigan, Managing Director, Natural Resources and Environment Issues, GAO

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What does a contractor really cost? The Energy Department is finding out the hard way. The agency is spending more money reimbursing contractors for expenses like pensions and other post-retirement benefits. Mark Gaffigan is the Managing Director for Natural Resources and Environment Issues at GAO, which studied DOE's contractor expenses.