It’s the first time a defense official has put a specific price tag on DoD’s COVID relief efforts.
The Pentagon needs Congress to approve “around $10 billion” to cover defense contractors’ coronavirus-related expenses, a top defense official said Monday.
Alan Shaffer, deputy defense undersecretary for acquisition and sustainment, became the first Defense Department official to put a price tag on the relief effort.
“If there is another supplemental or stimulus package for realistic economic adjustment, we could be looking at somewhere around $10 billion in additional program costs,” Shaffer said during a taped appearance on the Government Matters television show that aired Monday afternoon.
Keep reading this article at: https://www.defenseone.com/business/2020/07/we-need-10b-pay-contractors-coronavirus-expenses-pentagon-tells-congress/166852/
The Contracting Education Academy at Georgia Tech has established a webpage where all contract-related developments related to the coronavirus (COVID-19) are summarized. Find the page at: https://contractingacademy.gatech.edu/coronavirus-information-for-contracting-officers-and-contractors/
