DOD Deems Army Branch's Sole-Source Pacts Mostly Justified

Law360, New York (April 12, 2012, 3:11 PM EDT) -- A U.S. Army contracting arm in Massachusetts generally follows protocol in its awarding of noncompetitive contracts, the U.S. Department of Defense said Tuesday, as only one of 22 sole-source contracts audited by the agency was found to be unjustified.

The DOD's inspector general audited a sample of noncompetitive contracts awarded by the Army Contracting Command-Aberdeen Proving Ground, Natick Contracting Division, as part of a larger examination of such agreements agencywide. The audited contracts, from fiscal years 2009 and 2010, were worth a total of $31.6 million....
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.