Accession Number : ADA290711

Title :   Overhead Costs: Unallowable Costs Charged by Rockwell Corporation, Rocketdyne Division.

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

PDF Url : ADA290711

Report Date : DEC 1994

Pagination or Media Count : 11

Abstract : Overhead cost submissions are used to establish final overhead rates that determine reimbursements under cost-type contracts and to provide the historical cost basis for overhead rates that are used to negotiate fixed-price contracts. The Federal Acquisition Regulation (FAR) cost principles require government contractors to identify and exclude unallowable costs from overhead submissions. The Department of Defense provides administrative contract support to NASA at Rocketdyne. The overhead submissions are reviewed by DCAA for allowability. About 80 percent of Rocketdyne's sales are under government cost reimbursable-type contracts.

Descriptors :   *CONTRACT ADMINISTRATION, *COSTS, *COST OVERRUNS, CONTROL, DEPARTMENT OF DEFENSE, UNITED STATES GOVERNMENT, ACQUISITION, CONTRACTS, MANAGEMENT, CONTRACTORS, HISTORY.

Subject Categories : Administration and Management
      Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE