Block on Trump's Asylum Ban Upheld by Supreme Court
The Armed Services Board of Contract Appeals' ruling that defendant was not required to pay interest to the government for a potential violation of Cost Accounting Standard 413, 48 C.F.R. section 9904.413 (CAS 413), is reversed and remanded as defendant's failure to pay the government in the accounting period required by CAS 413 necessarily resulted in increased costs to the government. Therefore, defendant is liable to the government for compound interest under the CAS clause.
Appeal from: Armed Services Board of Contract Appeals
Decided September 14, 2009
For Appellant: C. Coleman Bird, Senior Trial Counsel, Commercial Litigation Branch, Civil Division, United States Department of Justice, Jeanne E. Davidson, DIrector, and Kirk T. Manhardt, Assistant Director.