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Administration of Repair Contracts Needs Improvement

PSAD-76-179 Published: Dec 27, 1976. Publicly Released: Dec 27, 1976.
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Highlights

An examination of contracts for repair and overhaul of government property revealed the need for improvement. The General Services Administration (GSA) awarded time and materials contracts, which call for specified rates for labor performed, amounting to $24.4 in fiscal year 1975.

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Topics

Auditing and Financial Management
Allowable costsFederal procurementGovernment owned equipmentLabor costsOverhead costsRepair contractsTime and materials contractsContract costsGovernment procurementAudit reports