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Business/Financial

HASC Panel: Audits Major Industry Complaint

Julie Samuel

Monday, October 31st, 2011

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Members of a new House panel charged with finding ways to help companies contract with the Pentagon said government auditing requirements are a major frustration for smaller defense contractors. While the members of the House Armed Services Committee’s (HASC) Panel on Business Challenges within the Defense Industry are still researching reforms they will propose, a consistent qualm they’ve heard from lower-tier firms has to do with the Defense Contract Auditing Agency (DCAA). “These small businesses…and medium-sized businesses are being treating like a…

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