Lawmakers Slam DOE For Project Overspending

Law360, Washington (March 20, 2013, 3:55 PM EDT) -- Members of a House appropriations subcommittee blasted the U.S. Department of Energy on Wednesday for failing to prevent massive budget overruns on multibillion-dollar, federally backed construction projects, saying they have little confidence in the agency's reassurances that it has solved the overspending problems.

Although Energy Department officials maintained that they have made significant project management reforms that will curb rampant overspending on large construction contracts in the future, Rep. Mike Simpson, R-Idaho, said he's heard the same positive forecasts for more than a decade without real...
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.