Accession Number : ADA327775

Title :   Impact of Legislative Compensation Caps on DOD Contracts.

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

PDF Url : ADA327775

Report Date : JUL 1997

Pagination or Media Count : 12

Abstract : In response to your request, we have developed information on the extent to which legislative caps have affected executive compensation allowable under Department of Defense (DOD) contracts. Specifically, we obtained compensation costs from the Defense Contract Audit Agency (DCAA) for McDonnell Douglas Corporation for 1995, the latest year of a completed DCAA incurred cost audit. We also obtained from DCAA nine other contractors' estimates of the impact of legislative compensation caps on their companies. On June 3, 1997, we briefed your staff on the results of our work. This report summarizes the information provided at that briefing.

Descriptors :   *CONTRACT ADMINISTRATION, *COMPENSATION, DEPARTMENT OF DEFENSE, CONTRACTORS, ESTIMATES, COSTS, EXECUTIVES, LEGISLATION, AUDITING.

Subject Categories : Administration and Management

Distribution Statement : APPROVED FOR PUBLIC RELEASE