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Contract Pricing: Subcontractor Prices Overstated on AN/TSQ-111 Communications Contract

NSIAD-86-166 Published: Aug 22, 1986. Publicly Released: Aug 22, 1986.
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Highlights

GAO reviewed whether a contractor provided accurate, complete, and current cost or pricing data for selected subcontracted items on communications equipment contracts.

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Full Report (18 pages)

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Topics

Auditing and Financial Management
Air Force procurementContract administrationContract costsCost overrunsEquipment contractsInternal controlsMilitary cost controlPrice adjustmentsSubcontractsTelecommunications equipment