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Navy Contracting: Status of the 1978 Shipbuilding Claim Settlement at Electric Boat

NSIAD-86-54 Published: Apr 23, 1986. Publicly Released: Apr 23, 1986.
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Highlights

GAO reviewed the status of two SSN-688 submarine contracts to ensure that: (1) the funds authorized in a 1978 claims settlement were used in connection with the two contracts; and (2) the contractor did not use the funds to realize any profit on the contracts.

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Topics

Claims settlementContract administrationContract costsContractor paymentsFunds managementKickbacksNaval procurementMilitary forcesCost estimatesCivic action