Unallowable Costs: Improved Cost Principles Should Reduce Inconsistent Treatment of These Costs
Abstract
Our objective was to evaluate DOD's changes to the contract cost principles mandated by 10 U.S.C. 2324 to determine if the principles are consistent with congressional intent, will achieve the objective of eliminating unallowable costs charged to defense contracts, and could be improved or strengthened. Our work consisted of analyzing 13 cost principles that covered the 10 cost elements which the Congress specified as unallowable, and 16 cost elements for which the Congress required additional clarifying definition and detail on allowability. We also reviewed amended regulations covering the roles of the contractor, contracting officer, and contract auditor in resolving the costs for which the allowability has been questioned.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1986
- Accession Number
- AD1178215
Entities
People
- Charles Arthur Bowsher
- Milton J. Socolar
Organizations
- United States Government Accountability Office