The Defense Department inspector general plans to issue a report this month on "the Army's use of firm fixed-price, level-of-effort term contracts" -- a move that follows several recent reports on the service's contracting and financial management practices. The forthcoming audit aims to determine "whether Army officials properly awarded and administered firm-fixed-price, level-of-effort term contracts in accordance with federal and DOD regulations and policies," according to an Aug. 3 notice from the IG. "This type of contract requires a contractor...
