DOD Components could Lose Funding over Service Contract Inventories
May 8, 2012
The House Armed Services Committee is emphasizing the importance of service contract inventories with a threat to withhold money.
"The committee continues to be disappointed that the defense agencies, the Navy, and the Air Force have not fully implemented the Inventory of Contracts for Services," according to a report on the fiscal 2013 National Defense Authorization Act (H.R. 4310).
The Army has successfully undertaken an extensive manpower and cost inventory of all its service contractors since 2002. The Army's inventory has been designated as the model for the other departments and agencies, according to the report, but much of the rest of DOD is flailing.
Source: FCW (http://s.tt/1bdHD)