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Contract Pricing: A Low Percentage of Contractors Are Responsible for Most Reported Defective Pricing

NSIAD-93-1 Published: Nov 24, 1992. Publicly Released: Dec 21, 1992.
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Highlights

Pursuant to a congressional request, GAO provided information on Department of Defense contracts which contain defective pricing, focusing on the: (1) amount of defective pricing found by the Defense Contract Audit Agency (DCAA) during their fiscal year 1991 audits; and (2) percentage of contractors responsible for the defective pricing.

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Topics

National Defense
Defective pricingDefense auditsDefense procurementDepartment of Defense contractorsSubcontractsAircraft acquisition programContract costsDefense contractsPrice adjustmentsGovernment procurement