Skip to main content

Contract Pricing: Defense Contractor Cost Estimating Systems

NSIAD-87-140 Published: Jun 03, 1987. Publicly Released: Jun 03, 1987.
Jump To:

Highlights

GAO reviewed defense contractors' estimating systems to determine whether they produced accurate and reliable materiel cost estimates.

Recommendations

Recommendations for Executive Action

Agency Affected Recommendation Status
Department of Defense The Secretary of Defense should direct DOD personnel to assemble and refine standards which clearly define what constitutes an acceptable estimating system.
Closed – Implemented
DOD regulations on contractor cost-estimating systems were revised on March 18, 1988, to clearly define an acceptable system and provide authority and guidance for resolving deficient systems.

Full Report

Full Report
(31 pages)

Media Inquiries

Sarah Kaczmarek
Managing Director
Office of Public Affairs
media@gao.gov

Public Inquiries

Contact Us

Topics

National Defense
Contract costsContract modificationsDefense cost controlDefense procurementDepartment of Defense contractorsMilitary materielProcurement regulationsProjectionsSole source procurementMilitary forces