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Pentagon hunting for other instances of price gouging in wake of damning spare parts audit [Podcast] | Federal News Network

The Defense Department said it is implementing a series of steps meant to detect and deter price gauging by its contractors. It’s responding, in part, to an investigation that found one of its largest spare parts suppliers routinely overcharged the military, often by four-digit margins.For starters, DoD has ordered the top officials within each of its contracting organizations to report to the Pentagon when vendors decline to provide cost and pricing information when asked. A group of Defense pricing experts will then review those reports to  help  identify companies who routinely refuse to cooperate with those requests.

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Pentagon hunting for other instances of price gouging in wake of damning spare parts audit | Federal News Network.

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