Accession Number : ADA284366

Title :   Contract Pricing. DoD Management of Contractors with High Risk Cost-Estimating Systems.

Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL A FFAIRS DIV

Report Date : JUL 1994

Pagination or Media Count : 21

Abstract : The General Accounting Office evaluated Department of Defense (DoD) efforts to ensure that high-risk contractors reduce the government's vulnerability to contract overpricing. More specifically, GAO reviewed (1) the extent to which contractors were correcting the significant cost-estimating system deficiencies identified through Defense Contract Audit Agency (DGAA) audits, (2) the actions DoD contracting officers were taking to encourage contractors to improve their cost-estimating systems, and (3) the adequacy of DoD controls to ensure that deficiencies were corrected in a timely manner. GAO focused our review on the activities associated with 30 of the DoD contractors DCAA assessed as having high risk cost-estimating systems as of May 1992. According to DCAA, these 30 contractors had a total of 117 significant cost-estimating system deficiencies

Descriptors :   *CONTRACT ADMINISTRATION, *DEPARTMENT OF DEFENSE, *COST ESTIMATES, RISK, COST ANALYSIS, DEFICIENCIES, CORRECTIONS.

Subject Categories : Administration and Management
      Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE