Senator Jim Webb (D-VA) testified before the Senate Homeland Security Subcommittee on Contracting Oversight today on the Comprehensive Contingency Contracting Reform Act.
Sen. Webb and Sen. Claire McCaskill (D-MO) introduced the legislation, which aims to increase accountability and stop waste, fraud and abuse in overseas contracting, on Feb. 29, 2012.
The legislation is based on recommendations from a final report released last August by the Commission on Wartime Contracting in Iraq and Afghanistan, which found as much as $60 billion of waste and fraud in wartime contracts for the two wars.
Witnesses include DoD Director of Defense Procurement and Acquisition Policy Richard Ginman, Undersecretary of State for Management Patrick Kennedy and USAID Acting Assistant Administrator Angelique Crumbly.
The inspector generals from the State and Defense Departments and USAID also testified.
Sen. McCaskill chairs the hearing.