Administration of Progress Payments at Defense Contract Management District-West
Abstract
Progress payments are allowed by the Federal Acquisition Regulation to provide interim financing of a contractor's cost to perform its contracts. Progress payments are made on undelivered or unaccepted contract items. Administrative contracting officers are generally responsible for progress payment administration. This audit was conducted at the Western district of the Defense Contract Management Command, Defense Logistics Agency and examined 18 contracts valued at $2.1 billion that received $1.2 billion of progress payments.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 05, 1993
- Accession Number
- ADA376205
Entities
People
- Benjamin Mehlman
- David K. Steensma
- Larry Zaletel
- Michael Perkins
- Patricia A. Brannin
Organizations
- Office of the Inspector General, U.S. Department of Defense