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Comments on Proposed Revisions to Defense Acquisition Regulations

B-204987 Published: Feb 04, 1982. Publicly Released: Feb 04, 1982.
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Highlights

Revisions have been proposed to certain Defense Acquisition Regulations to authorize the administrative contracting officer to withhold up to 10 percent of each payment made after the contractor fails to submit a required cost-impact proposal. GAO favors the adoption of these revisions because it believes they will aid in solving problems which GAO has observed in an ongoing review of contractor compliance with cost accounting standards.

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Contract administrationContracting officersContractor paymentsCost accounting standards complianceFederal regulationsModificationsDefense acquisition programsAcquisition regulationsAccounting standards