DoD Withholds Pay from Contractors with Faulty Business Systems
October 4, 2012
For the last year, the Pentagon has withheld at least $42 million in payments from contractors.
The step is aimed at pushing contractors to quickly fix faulty contractor business systems that bill the government, manage government property, estimate costs and track performance, among other things.
So far, at least five companies have been docked payments for Defense Department work: