Contractors Object To Pentagon Policy On Overhead Costs

Law360, New York (September 21, 2012, 7:44 PM EDT) -- A contractor trade group objected to the U.S. Defense Department's policy on payment of overhead costs on service contracts Thursday, saying the Pentagon is misapplying a 2011 law in a way that limits legitimate exceptions and reduces overhead rates that have already been negotiated.

The Department of Defense revised its policies in July to improve its implementation of a provision in the 2012 National Defense Authorization Act, which directs the DOD to try to keep contractor labor and overhead costs at the level they were in...
To view the full article, register now.