The Yearly Bill for The Pentagon’s No-Bid Contracts: $140 Billion
August 29th, 2011Mission Accomplished.
Via: Wired:
The bomb fighting contract is a small example of a problem that’s been exacerbated by ten years of war: awarding contracts without competition. While Pentagon statistics say the overall level of competition has remained steady during the past decade, publicly available data show that Defense Department dollars flowing into non-competitive contracts have almost tripled since the terrorist attacks of 9/11. According to analysis by the Center for Public Integrity’s iWatch News, the value of Pentagon contracts awarded without competition topped $140 billion in 2010, up from $50 billion in 2001. That’s almost 40 percent of all Pentagon contract dollars.
