The Defense Department will work to avoid canceling contracts if sequestration takes effect on March 1, Pentagon Comptroller Robert Hale said today. "I don't anticipate that we will cancel many, if any, contracts, because we'd incur substantial costs," Hale told reporters. "So it's more . . . that we will not pick up options that we may not start or delay starting new contracts." Hale also stressed that DOD intends to pay contractors performing work under existing contracts. "And I...
