Final Report on the Audit of Subcontract Prices on Firm-Fixed-Price Contracts Awarded to McDonnell Aircraft Company

Abstract

This is our final report on the audit of Subcontract Prices on Firm-Fixed-Price Contracts Awarded to McDonnell Aircraft Company (MCAIR). The Contract Management Directorate made the audit from October 1989 through June 1990. The objective of the audit was to compare proposed and negotiated subcontract prices and determine reasons for significant variances. We also evaluated applicable internal control procedures. For a 6-month period ending December 1989, MCAIR issued 517 subcontracts valued at $679 million.

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Document Details

Document Type
Technical Report
Publication Date
Dec 03, 1990
Accession Number
ADA380665

Entities

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Air Force Facilities
  • Business Administration
  • Congress
  • Contract Administration
  • Contract Proposals
  • Contractors
  • Contracts
  • Corporations
  • Cost Analysis
  • Department Of Defense
  • Financial Management
  • Fixed Price Contracts
  • Governments
  • Procurement
  • United States

Fields of Study

  • Business

Readers

  • Aerospace Engineering
  • Government Contracting/Procurement.
  • Technical Research and Report Writing.