Now, that overcharge was found only through an investigation, after the fact, and sort of by happenstance. It makes you wonder what kind of other overcharges are going unnoticed. And that is why The IG recommended that contracting officers be notified when a price for an item like a spare part increases over 25%. Mr. Secretary, would the Air Force be in a better position to detect this kind of price gouging if your contracting officers had to be notified when there was a price spike? (04:23–04:34)
CLAIM
Asserts a recommendation by the inspector general regarding price increase notifications for contracting officers.
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