DOD Aims To Negotiate Lower Rates On Service Contracts

Law360, New York (June 21, 2012, 8:17 PM ET) -- The U.S. Department of Defense will seek to negotiate lower overhead and labor rates on service contracts, as part of its strategy to comply with a legislative directive to cap such costs overall, according to a DOD memorandum released Thursday by the law firm McKenna Long & Aldridge LLP.

Section 808 of the 2012 National Defense Authorization Act says the Pentagon must not spend more in 2012 or 2013 on service contracts than it spent in 2010 and also orders the DOD to reduce contracts related...
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