Defense Acquisition Streamlining and Transparency Act – Commercializing Contract Audits | PNWC’s Government Contracting Update

On May 18th, 2007, Chairman Thornberry of the House Armed Services Committee (HASC) introduced The Defense Acquisition Streamlining and Transparency Act, a bill to (i) empower the Defense Department to use “e-commerce” to purchase commercial off-the-shelf items, (ii) reform the defense contract audit process and (iii) a number of other provisions. For purposes of this article, we want to focus on how the bill intends to reform the contract audit process. According to Thornberry,

Source: PNWC’s Government Contracting Update: Defense Acquisition Streamlining and Transparency Act – Commercializing Contract Audits