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Lawmakers Work to Prevent Military Price Gouging - Vimarsana News

Lawmakers Work to Prevent Military Price Gouging

Military contractors have long price gouged to make excessive profits. But Congress can intervene. Lawmakers should retain in the final annual defense policy bill, a provision to tie financial incentives to contractor performance and transparency.

Source: pogo.org
Bicameral Bill Proposes Revising the Definitions of Commercial Product and Adequate Price Competition, Other Strategies Targeted at Perceived Price Gouging by DOD Contractors | Wiley Rein LLP - Vimarsana News

Bicameral Bill Proposes Revising the Definitions of Commercial Product and Adequate Price Competition, Other Strategies Targeted at Perceived Price Gouging by DOD Contractors | Wiley Rein LLP

WHAT: Sen. Elizabeth Warren (D-MA) and Rep. John Garamendi (D-CA) introduced the “Stop Price Gouging the Military Act” as S. 4374 and H.R. 8007, respectively, to prevent perceived price...