Awarding of Requirement-Type Contracts for Repair of Electrical Equipment
PSAD-77-136
Published: Jul 29, 1977. Publicly Released: Jul 29, 1977.
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Highlights
At present, the lack of adequate controls provides an opportunity for contractors to win awards of requirement-type contracts for the repair of electrical equipment by bidding low labor rates and high parts discounts and to subsequently charge higher prices for the work performed.
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Electrical equipment industryEquipment repairsRepair contractsPurchase ordersCost estimatesIndefinite delivery contractsCost estimatesContract administrationDiscount ratesAudits