Request for Comment on Multiyear Contracting Authority
B-214545: Aug 7, 1985
- Full Report:
The Chairman of the Committee on Governmental Affairs requested that the GAO comment on a bill that would permit civilian procuring agencies that received annual appropriations to award contracts for the purchase of property or services for periods not exceeding 5 years when such contracts were determined to be in the government's best interest. In addition, the Chairman requested GAO's assessment of the possible paperwork and regulatory burdens which might result from the passage of the bill.
GAO endorsed the proposed expansion of multiyear contracting to civilian agencies, but stressed the need for determination of its desirability in specific situations based on case-by-case assessments of potential savings and the added risks that result from awarding a multiyear contract. Further, it did not appear that the bill would result in an increased regulatory burden.