Army Awarded $110M In Undue Progress Payments, OIG Says

Law360, Washington (February 13, 2014, 3:16 PM EST) -- U.S. Army contracting officers wrongly allowed two contractors to receive $110 million in additional payments on top of standard progress payments when they modified a pair of ground combat vehicle development contracts, according to a watchdog report released Wednesday.

Two procurement contracting officers, or PCOs, at U.S. Army Contracting Command-Warren, tasked with oversight of two technology development contracts for the GCV — the Army's pending replacement for the Bradley fighting vehicle — had inappropriately permitted unusual contracting financing arrangements when modifying the contracts, according to the...
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