Need to Improve Reviews of Royalty Charges Included in Air Force Contracts
PSAD-77-153
Published: Aug 16, 1977. Publicly Released: Aug 16, 1977.
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Highlights
The Armed Services Procurement Regulation permits a defense contractor to include in his proposed contract price royalties he must pay a patent owner. The contracting officer must submit the information about royalties received from the contractor to a patent office for advice on the propriety of the royalties.
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Air Force procurementPatentsRoyalty paymentsMilitary forcesProcurementEngineeringLicense agreementsContracting officersGovernment procurementData errors