The Committee on Oversight and Government Reform held a hearing titled, “Defense Base Act Insurance: Are Taxpayers Paying Too Much?” on Thursday, May 15, 2008, in 2154 Rayburn House Office Building. Click here for a summary of the hearing.
The hearing examined allegations of waste and abuse in the procurement of Defense Base Act (DBA) insurance, the workers’ compensation insurance required for all federal contractors working overseas. Contractors obtain DBA insurance from private insurance companies, and these costs are included in the price of the contract and passed on to taxpayers. A preliminary transcript of this hearing is now available.
The following witnesses testified: