Audit Faults Air Force Compliance On $9B In Contracts

Law360, New York (March 22, 2013, 8:05 PM EDT) -- The U.S. Air Force inconsistently followed interim Federal Acquisition Regulation requirements on cost-reimbursable contracts worth some $8.8 billion, according to a report released Thursday by the U.S. Department of Defense's inspector general.

In an audit of more than 150 cost-reimbursable contracts worth roughly $10.5 billion, the report found that Air Force contracting officers did not consistently follow FAR requirements on nearly half of those contracts.

Revised FAR requirements call for conditions including a proper justification for the use of such contracts, according to the report. Cost-reimbursable...
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