The government has a problem with closure. Closure of its contracts that is. Without closure, the government cannot be sure it received what it paid for at the right price. The Defense Department’s contracts get hung up at the Defense Contract Audit Agency, where it takes more than two years on average to close a contract. Tim DiNapoli, director of acquisition and sourcing management issues at the Government Accountability Office, shares the details on Federal Drive with Tom Temin.
Source: Tim DiNapoli: DoD has trouble closing contracts – FederalNewsRadio.com
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