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4:41 am, December 19, 2014

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Senate: Curb abuse of fed contract award fee rollovers

In the private sector, it's not unusual for a vendor to have incentive clauses written into a contract, but in federal contracting, agencies sometimes employ the practice of "rollovers", extending additional opportunities to earn bonuses even to contractors who come up short on their contractual performance. And that is a matter of concern for one Senate oversight committee.

Tags: mngt , contracting , Tom Carper , Subcommittee on Federal Financial Management , Jeffrey Zients , OMB

Wednesday - 08/05/2009, 06:57am EDT
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