Tuesday, October 1, 2013

U.S. Government Shutdown May Mean That DoD Contractors May Not Get Paid

End Of Days News

U.S. Government Shutdown May Mean That DoD Contractors May Not Get Paid

War News Updates Editor at War News Updates 
*Shutdown May Disrupt DoD Contractor Pay, Official Says -- Defense News* A government shutdown could potentially disrupt or delay payments to contractors and some will not be paid at all, according to a Sept. 26 letter from a top DoD official. Frank Kendall, undersecretary of defense for acquisition, technology and logistics, said in a letter to trade groups that contractors performing work on contracts made in fiscal 2013 or before will “generally” be paid, but that only fiscal 2014 contracts for “excepted” activities will be paid during a shutdown. “There may, however, be dela... more »

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