DOD Could Save Billions By Cutting Oversight, Study Says

Law360, New York (July 11, 2012, 7:08 PM EDT) -- The U.S. Department of Defense could cut contracting costs by 20 percent if it reduced administrative oversight and moved towards a less adversarial relationship with its contractors, according to an Air Force-funded study released Tuesday.

Under increasing pressure to cut its budget and reduce contracting costs, the DOD could find $20 billion in savings each year by smoothing out its bureaucracy, according to the report, which was co-authored by professors from the University of Tennessee, Auburn University, and the University of Alabama. The Pentagon spends $400...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.