Defense Contract Audit Agency Reviews of Price Proposals.
Abstract
This report is the second related to field pricing. This report addresses Defense Contract Audit Agency field pricing support to procurement and contract administration offices. The first, Report No. PO 97-058, "Evaluation of DoD Requests for Field Pricing Audit Support, September 30, 1997, addressed DoD procedures for requesting field pricing. Auditors perform field pricing reviews of contractor price proposals when procurement office information is insufficient to perform the cost or price analysis needed to negotiate contract prices. According to Federal Acquisition Regulation part 13, "Contracting by Negotiations," audit services should be tailored to provide the minimum supplementary information necessary. Auditors are responsible for the depth and scope of the audit service as well as helping the contracting officer determine the required field pricing and specific areas of coverage. Informal telephone rate procedures are acceptable when pricing information based on recent audits and existing accounting information is available at the audit office. For FY 1996, the Defense Contract Audit Agency (DCAA) completed more than 11 ,000 formal audits and reviews, using 414 staff years exclusive of supervision. An additional 167 staff years were expended to review forward pricing rates associated with contractors' proposals.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 18, 1998
- Accession Number
- ADA373696
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense