Pricing of a Subcontract With General Electric

The pricing of a subcontract awarded to the General Electric Armament Department was reviewed as part of a nationwide review of the pricing of negotiated noncompetitive subcontracts awarded under Department of Defense negotiated noncompetitive prime contracts. The objective of the review was to determine the reasonableness of the subcontract price in relation to cost or pricing data available to the subcontractor at the time of subcontract negotiation.