Need for Compliance With the "Truth-In-Negotiations" Act of 1962 in Award of Construction Contracts

GAO reported on various steps that need to be taken by the Department of Defense (DOD) to fulfill the purposes of Public Law 87-653, the Truth in Negotiations Act of 1962, focusing on 237 construction contract actions, each involving over $100,000, negotiated since November 1964 for a total of about $128 million.