Gov't Projected To Have Missed $74M In Audit Savings

Law360, New York (September 10, 2013, 7:08 PM EDT) -- The U.S. government may have missed saving about $74 million because its contract oversight agency was forced by sequestration to perform fewer audits of potentially unwarranted contractor billing, according to documents a government watchdog made public Monday.

The Defense Contract Audit Agency estimated that the $11 million it was forced to cut due to sequestration led to fewer audits and in turn a smaller savings for the government, according to estimates and other agency documents issued to the government watchdog the Center for Effective Government, which...
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