The Pentagon is imposing a new contract provision which calls for withholding as much as 10 percent of payments to defense companies when it finds “significant” shortcomings in any of six business systems used to track performance and cost of weapons programs or services. The measure is intended to protect taxpayers from overbilling.
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1 comment:
Please correct the last sentence to read as follows..."The measure is intended to make taxpayers THINK that they will be protected against overbilling". Reason? Overbilling happens on EVERY SINGLE PENTAGON CONTRACT. And the amounts are in the hundreds of millions, if not (and likely is) BILLIONS. So what if they pay 10% of the ORIGINAL bid??? And WHO defines "significant"? More crap from the biggest crap machine in the world. You can hear them whispering, no wait ---- laughing...
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