Contractors to Face Increased Oversight in 2007
by Adam Hughes*, 11/28/2006
Government contractors are preparing for additional oversight, tighter regulations and responsibility rules, and perhaps even a downturn in the size of future contracts due to the Democrats takeover of Congress in 2007, according to The Washington Post.
Every company that does business with the government could feel the impact, but contractors that benefited most from work in Iraq and Afghanistan, from homeland security initiatives or from Hurricane Katrina are especially likely to be under the microscope. Big-ticket weapons programs are also expected to garner special attention, and it may become more difficult to get a no-bid contract, according to industry observers.
All I can say is it's about time.
WP: Contractors Face More Scrutiny, Pinched Purses
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Don't forget you can conduct your own oversight and investigation into government contracts using OMB Watch's searchable online database of federal spending ---> FedSpending.org.
Check it out anytime you need to know how much money a government contractor receives from the federal government, what services or products are most often purchased at the national level, or which congressional district gets the most federal dollars.
