Contractor's Investment in Work-in-Progress Under Fixed-Price Government Contracts
PSAD-77-48
Published: Dec 21, 1976. Publicly Released: Dec 21, 1976.
Skip to Highlights
Highlights
A current study investigated contractor's investment in work-in-progress under fixed-price government contracts. An earlier study evaluated the impact of a proposed increase in the progress payment rates made to defense contractors. The concern was expressed that increased progress payment rates would cause a situation in future contracts where financing from sources external to the contractor would exceed the cost of work-in-progress.
Full Report
Office of Public Affairs
Topics
Defense procurementFixed price contractsInvestmentsMilitary forcesGovernment contractsCost accountingAircraft enginesSubcontractorsSmall businessContract performance