Alan Chvotkin: Contractors face delays due to cost audits
When agencies use the Defense Contract Audit Agency for cost audits, contractors wait for two years or longer for contract closeouts.
The growing backlog of cost audits at the Defense Contract Audit Agency is delaying contract closeouts. And not just for the Defense Department but for several other agencies that use DCAA. The result is that contractors wait for two years or longer to get their final 5- or 10-percent. Alan Chvotkin, executive vice president and counsel at the Professional Services Council, tells Federal Drive with Tom Temin why this is not just an academic curiosity.
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