Contract Pricing:

Opportunities to Reduce Dual-Source Contract Prices

NSIAD-91-159: Published: Mar 28, 1991. Publicly Released: May 22, 1991.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO reviewed six Department of Defense (DOD) dual-source contracts, focusing on contracting officers' bases for negotiating prices.

GAO found that: (1) the contracting officers relied on price analysis techniques to ensure the fairness of proposed prices; (2) the contracting officers could have reduced the prices of four of the contracts by about $6 million if they had obtained insight into the contractors' estimating methodologies, pricing strategies, and supporting cost information; and (3) DOD revised the Defense Federal Acquisition Regulation to instruct contracting officers to exercise deliberation and thorough review in making adequate price competition decisions on dual-source contracts.

Sep 22, 2016

Sep 21, 2016

Sep 19, 2016

Sep 12, 2016

Sep 8, 2016

Sep 7, 2016

Sep 6, 2016

Aug 25, 2016

Looking for more? Browse all our products here