Contractors Object To Pentagon Policy On Overhead Costs

Law360, New York (September 21, 2012, 7:44 PM EDT) -- A contractor trade group objected to the U.S. Defense Department's policy on payment of overhead costs on service contracts Thursday, saying the Pentagon is misapplying a 2011 law in a way that limits legitimate exceptions and reduces overhead rates that have already been negotiated.

The Department of Defense revised its policies in July to improve its implementation of a provision in the 2012 National Defense Authorization Act, which directs the DOD to try to keep contractor labor and overhead costs at the level they were in...
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