DOD Contractor Debt Collection Process
Abstract
This is the first in a series of reports related to the DoD debt collection process. Contractor debt cases within DoD occur for a variety of reasons. Some of these reasons include duplicate payments, damages or excess costs related to defaults in performance, and unliquidated progress payments. As of May 31, 2000, DoD had 3,061 contractor debt cases totaling $3.6 billion. Because deferment agreements were pending or existed for 45 cases totaling $2.8 billion, 3,016 cases for $0.8 billion were to be actively researched and collected or resolved. Objectives. The overall audit objective was to review the DoD contractor debt collection process and the controls associated with the List of Contractors Indebted to the United States. We also evaluated the effectiveness of the management control program as it related to the audit objective.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 07, 2001
- Accession Number
- ADA389888
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense