Contract Pricing: Material Prices Overstated on Tank Thermal Sights
NSIAD-88-54
Published: Feb 05, 1988. Publicly Released: Feb 05, 1988.
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Highlights
GAO reviewed the Army's contract for the production of tank thermal sights, to determine whether the: (1) contractor provided accurate, complete, and current cost data in compliance with the Truth in Negotiations Act; and (2) contracting officer used the data to negotiate fair and reasonable prices.
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Contract costsContract negotiationsIrregular procurementMilitary materielProcurement lawQuestionable procurement chargesMilitary forcesMunitionsEngineeringCost estimates