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Contract Pricing: Material Prices Overstated on the Amphibious Assault Vehicle Contract

NSIAD-86-123 Published: May 16, 1986. Publicly Released: May 16, 1986.
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Highlights

GAO reviewed subcontract pricing on the Navy's 1984 option buy of amphibious assault vehicles to determine if the contractor complied with contract pricing laws in providing accurate, complete, and current pricing data in its prime contract.

Recommendations

Recommendations for Executive Action

Agency Affected Recommendation Status
Naval Sea Systems Command The Commander, Naval Sea Systems Command, should initiate action to obtain recovery of funds from the contractor.
Closed – Implemented
An accomplishment report is being prepared to recognize these real dollar savings.

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Topics

Contract costsContract oversightNaval procurementPrice regulationQuestionable procurement chargesSubcontractsMilitary forcesAssaultContract managementMunitions