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DoD proposes new rule to withhold payment on contracts if auditors find deficiencies in accounting, estimating, earned value management and other business systems. Recent hearing found 69 of top 100 Pentagon contractors have at least one flawed system.
Commissioner Dov Zakheim told FederalNewsRadio DCAA and DCMA "just didn't seem to be working in harness, and we got assurances, very, very firm assurances, from a very senior Defense official, Mr. Shay Assad, who said he's going to have it sorted out in 30 days. And frankly, we believe him."
There is no precise figure for how many contractors are in Iraq and Afghanistan.
The "dysfunctional" relationship between the Defense Contract Management Agency and the Defense Contract Audit Agency described before the Commission on Wartime Contracting might be as entertaining as watching "Jon and Kate Plus 8" for some, but Commissioner Dov Zakheim tells FederalNewsRadio there's too much money, and too many lives, at stake.
Alan Chvotkin, executive vice president and counsel at the Professional Services Council, joined In Depth with Francis Rose to discuss recent speculation that the Defense Department ignored proposals from the Defense Contract Audit Agency nearly two years ago.
DCAA has added 500 employees over the last two years but is conducting fewer, though higher quality, audits each year. Director Patrick Fitzgerald explains the thinking behind a new framework.
Grant Thornton's Kerry Hall describes findings of a survey of government contractors.
Effective immediately, DCAA will accept contracting officers' requests for audit assistance only for fixed-price proposals of more than $10 million and cost-type proposals worth more than $100 million. Tom Temin and Amy Morris explain.
Defense budget ax may not come down so hard on Maryland