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Bill Woods: Asking questions to get more bang for your buck
The Defense Department is working on new training and guidance to help its contracting officers decide whether potential contracts are worth the price. The Gove...
The Defense Department is working on new training and guidance to help its contracting officers decide whether potential contracts are worth the price. The Government Accountability Office sampled 32 commercial contracts. DOD contracting officials asked for cost, pricing and other information to help them determine if contracts were reasonably priced for 12 of them. Bill Woods is director of acquisition and sourcing management issues at GAO. He said it's too early to say whether the Pentagon's training and guidance is working, but he tells In Depth with Francis Rose that contracting officers DO have some challenges.
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