Contractors Wrongly Perform Federal Duties: GAO

Law360, New York (January 20, 2011, 2:46 PM EST) -- The U.S. Army has identified some 2,400 full-time contractors who perform inherently governmental functions and 46,000 who are closely associated with such functions, indicating how overly reliant the government is on certain contractors, according to a new report.

The numbers were compiled as part of a required review of the U.S. Department of Defense's contracting activities, according to a report released Wednesday by the U.S. Government Accountability Office, titled "Defense Acquisitions: Further Action Needed to Better Implement Requirements for Conducting Inventory of Service Contract Activities."...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.