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POGO: Risks in DoD scaleback of small contract oversight
Tuesday - 11/2/2010, 5:48pm EDT
The Defense Contract Audit Agency has decided to scale back its audits of smaller contracts, which are fixed price contracts of less than $10 million.
This decrease in oversight of smaller contracts could end up putting billions of dollars at risk at a time when the Defense Department is scrutinizing spending, according to the Project On Government Oversight, a nonpartisan watchdog group that investigations the federal government.
Nick Schwellenbach, director of investigations at POGO , joined the DorobekINSIDER to explain the potential impact of the changes.
This story is part of Federal News Radio's daily DoD Report. For more defense news, click here.