Contractors Should Pay For Frivolous Protests, Professor Says

Law360, New York (June 12, 2012, 9:53 PM EDT) -- A Willamette University public policy professor suggested in a Monday report that Congress should discourage frivolous bid protests by charging legal costs to contractors who file frivolous protests, drawing a wary response from contractors.

Bid protests are an increasing part of government contracting, and protests have the potential to seriously delay acquisitions while adding to agencies' legal bills, professor Steven Maser said in a report published by the IBM Center for the Business of Government. To reduce needless protests, the government should add more transparency and...
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.