Government Contracting

From the Paper:

"Government contracts provide a particularly attractive market to private companies. There are tax benefits associated with government work, and the government has a tradition of paying its bills. Often, once a contract is obtained, there are no other competitors for that product; only one company manufactures F-18 planes, for example. Since the Department of Defense (DOD) is the largest government consumer of private contract work, it is the area which comes under the most scrutiny. Since the government's bills are ultimately paid by taxpayers, the media have recently focused attention on the subject of the ethical procedures followed and ignored by contractors. Headlines announcing $500 toilet seats and $50 hammers have raised questions among the public about the procedures DOD follows in auditing its contractors."

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