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The report shows that the firm-fixed price negotiated for radar height finders under contract AF 30(635)-4377 was excessive by about $329,000 because of the use in negotiations of estimated material costs in excess of amounts which bad been quoted to GE for this contract by its suppliers of the material. The report also shows that, under price-redeterminable contracts AF 30(635)-2583 and AF 30(635)-4130 for radar equipment, GE was permitted to hold excess provisional payments of $1,400,000 for about 2 years.

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