Possible Competitive Advantage Conferred on the Wyman Gordon Company and the Aluminum Company of America (ALCOA), by Reason of their Leases with the Department of the Air Force, through the Use of Government-Furnished Heavy Forging Presses.
Abstract
In your letter dated October 20, 1971, you expressed concern about the possible competitive advantage conferred on the Wyman-Gordon Company and the Aluminum Company of America (ALCOA), by reason of their leases with the Department of the Air Force, through the use of Government-furnished heavy forging presses. The rents paid under these leases, as you pointed out, are based on sales rather than on acquisition costs of the equipment as is generally provided for under the provisions of the Armed Services Procurement Regulation. The contractors are required by the leases to pay rentals of 4 percent on Government sales and 7 percent on commercial sales. You are concerned whether the Government collects the appropriate rental fee on the contractors commercial work.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 03, 1972
- Accession Number
- AD1119442
Entities
People
- Elmer B. Staats
Organizations
- United States Government Accountability Office