New Defective Pricing Audit Risks For Defense Contractors

By Stephen Knight, Edmund Amorosi and Amanda DeLaPerriere (March 8, 2021, 6:00 PM EST) -- Contractors across the defense industry are experiencing increased scrutiny from the U.S. Department of Defense in two directions: (1) an increased number of Defense Contract Audit Agency audits for defective pricing; and (2) increased demands for contractor cost data in the form of "data other than certified cost or pricing data," as defined in Federal Acquisition Regulation 2.101, often in the area of commercial item procurements....

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