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Followup on the December 1981 Dollar Threshold Change for Certified Cost or Pricing Data

PLRD-83-49 Published: Mar 08, 1983. Publicly Released: Apr 11, 1983.
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Highlights

GAO was asked to review recent changes in the Truth-in-Negotiations Act, which increased the threshold for the mandatory submission and certification of the cost and pricing data for negotiated procurements from $100,000 to $500,000.

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Auditing proceduresContract administrationCost analysisCost controlDepartment of Defense contractorsFixed price contractsNegotiated procurementPreaward surveyStandards evaluationCost accounting