Contract Pricing: Improving Defense Management and Oversight

reportActive / Technical Report | Accession Number: AD1102940 | Open PDF

Abstract:

A principal concern in noncompetitive procurements has been the limited cost or pricing information supporting contractors proposals that is available to the government at the time of negotiations. Recognizing the governments vulnerability to inflated contract prices in such situations, the Congress passed the Truth in Negotiations Act in 1962. The act, codified at 10 U.S.C. 2306a, requires prime contractors and subcontractors to submit cost or pricing data supporting their proposed prices and to certify that the data are accurate, complete, and current.

Author(s):
Conahan, Frank C.
Author Organization(s):
United States General Accounting Office Washington United States
Descriptive Note:
Technical Report
Supplementary Note:
01 Jan 0001, 01 Jan 0001, DTIC Crawl.
Pagination:
0011

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release;

RECORD

Collection: TR
Identifying Numbers
Report Number(s):
GAO/T-NSIAD-92-40
 Subject Terms
Joint Capability Areas:
JCA_4.5_Operational Contract Support; JCA_4.5.2_Contractor Management; JCA_4.5.1_Contract Support Integration; JCA_5.3_Planning; JCA_5_Command and Control; JCA_5.3.2_Apply Situational Understanding; JCA_4.5.4_Requirements Definition; JCA_1.2.5_Lessons Learned; JCA_4.2_Supply; JCA_4.2.3_Manage Global Supplier Networks
Communities of Interest:
Materials and Manufacturing Processes
Descriptor(s):
risk analysis, negotiations, military acquisition, national security, deficiencies, auditing, fixed price contracts, procurement, department of defense, law
Field(s)/Group(s):
Safety Engineering, Logistics, Military Facilities and Supplies
Keyword(s):
CONTRACT PRICING, Improving Defense Management and Oversight
Report Date:
1992 Jun 04
Creation Date:
2020 Jul 02