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By Lauren C. Williams
May 26, 2021
A recent watchdog report provides a glimpse into how the Defense Department spent emergency pandemic funds.
In the much-redacted report, the DOD s Office of Inspector General reviewed six key awards totaling $207 million in contracts and found that officials complied with federal acquisition regulations and other authorities when funding existing contracts and new technology investment agreements with $1 billion allocated in the CARES Act for purchases and contractor payments under the Defense Production Act.
The Pentagon assigned $213 million of this for medical supplies and $687 million to offset financial setbacks experienced by defense industrial base contractors as a result of the COVID-19 pandemic.
By Lauren C. Williams
A recent watchdog report provides a glimpse into how the Defense Department spent emergency pandemic funds.
In the much-redacted report, the DOD s Office of Inspector General reviewed six key awards totaling $207 million in contracts and found that officials complied with federal acquisition regulations and other authorities when funding existing contracts and new technology investment agreements with $1 billion allocated in the CARES Act for purchases and contractor payments under the Defense Production Act.
The Pentagon assigned $213 million of this for medical supplies and $687 million to offset financial setbacks experienced by defense industrial base contractors as a result of the COVID-19 pandemic.