B-157802,B-200768,B-200850:
Dec 16, 1981
A firm asked GAO to reconsider a prior position concerning whether, under the provisions of the firm's Federal incorporation statute, it may receive a fee or a profit on its contracts with the Federal Government. In two current contracts, the procuring agencies took the position that the firm's charter precluded the payment of any profit to the firm under the contracts. In a prior decision, GAO fo...