Contract Pricing: Pricing of F-16 Mid-Life Update Program Contracts
NSIAD-96-232
Published: Sep 24, 1996. Publicly Released: Sep 24, 1996.
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Highlights
GAO reviewed the pricing of selected contracts and subcontracts awarded under the F-16 Aircraft Mid-Life Update (MLU) Program, designed to develop, produce, and install upgrades to F-16 fighter aircraft owned by Belgium, Denmark, the Netherlands, and Norway, focusing on: (1) differences between the rates and factors used to price two selected prime contracts and those used to price contemporaneous U.S. contracts; (2) how the Air Force used Defense Contract Audit Agency (DCAA) recommendations in negotiating prime contract prices; and (3) whether the prime contracts' prices for material and subcontract costs were fair and reasonable.
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Air Force procurementContract administrationContract costsContract negotiationsDepartment of Defense contractorsForeign governmentsManufacturing contractsPrime contractorsProcurement regulationsSubcontracts