DoD Procurement: Millions in Overpayments Returned by DoD Contractors

Abstract

In July 1993, we testified before your Committee that the Defense Finance and Accounting Service (DFAS), Columbus, Ohio, had received $751 million in payments from defense contractors during a recent 6-month period. YOU subsequently requested that we review (1) the nature of the contractors' payments, (2) the length of time government funds were outstanding, (3) the Department of Defense's (DOD) efforts to detect and recover contract overpayments, and (4) the actions being taken by DOD to strengthen its contract payment system. As agreed, we are continuing to review DOD'S policies and procedures for detecting and recovering overpayments.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Mar 14, 1994
Accession Number
AD1157107

Entities

People

  • David E. Cooper

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Business Administration
  • Computers
  • Congress
  • Contract Administration
  • Contractors
  • Contracts
  • Department Of Defense
  • Finance
  • Financial Management
  • Governments
  • Information Processing
  • Management Personnel
  • National Security
  • Personnel Management
  • Procurement

Readers

  • Defense Financial Management and Audit.
  • Government Contracting/Procurement.