Statement of Elmer B. Statts, Comptroller General of the United States Before the Senate Committee on Government Operations on S. 1707 to Establish a Commission on Government Procurement

Abstract

A brief background statement as to the origin of GAO interest in this field and how we are organized to carry out our responsibilities may be helpful. GAO's particular interest in Defense contract pricing began in the middle of the 1950's when attention was called to the fact that under a large number of contracts, costs actually incurred were substantially lower than the estimates upon which prices had been based. As a result, realized profits were higher than anticipated during price negotiations. In the late 1950's and early 1960's, we directed extensive effort to the review of cost estimates used in negotiating prices of individual contracts and subcontracts in a noncompetitive environment.

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Document Details

Document Type
Technical Report
Publication Date
Jul 31, 1969
Accession Number
AD1118377

Entities

People

  • Elmer B. Staats

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Business Administration
  • Commerce
  • Congress
  • Contract Administration
  • Contractors
  • Contracts
  • Cost Estimates
  • Department Of Defense
  • Employment
  • Equal Employment Opportunity
  • Government Procurement
  • Governments
  • Law
  • Management Personnel
  • Military Operations
  • Personnel Management
  • Procurement
  • Small Business
  • Weapon Systems

Readers

  • Government Contracting/Procurement.
  • Public Financial Management and Budgeting
  • Systems Analysis and Design