Contract Pricing. DoD Management of Contractors with High Risk Cost-Estimating Systems.

Abstract

The General Accounting Office evaluated Department of Defense (DoD) efforts to ensure that high-risk contractors reduce the government's vulnerability to contract overpricing. More specifically, GAO reviewed (1) the extent to which contractors were correcting the significant cost-estimating system deficiencies identified through Defense Contract Audit Agency (DGAA) audits, (2) the actions DoD contracting officers were taking to encourage contractors to improve their cost-estimating systems, and (3) the adequacy of DoD controls to ensure that deficiencies were corrected in a timely manner. GAO focused our review on the activities associated with 30 of the DoD contractors DCAA assessed as having high risk cost-estimating systems as of May 1992. According to DCAA, these 30 contractors had a total of 117 significant cost-estimating system deficiencies

Document Details

Document Type
Technical Report
Publication Date
Jul 01, 1994
Accession Number
ADA284366

Entities

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Accounting
  • Business Administration
  • Contract Administration
  • Contractors
  • Contracts
  • Deficiencies
  • Department Of Defense
  • Personnel Management
  • Political Science
  • Public Administration
  • Vulnerability

Fields of Study

  • Medicine

Readers

  • Government Contracting/Procurement.
  • Life Cycle Cost Analysis