Pricing of Two Negotiated Noncompetitive Prime Contracts Awarded by the Naval Air Systems Command

A limited survey was conducted of the pricing of two negotiated noncompetitive prime contracts awarded by the Naval Air Systems Command during fiscal years 1975 and 1976. The objective of the survey was to determine the extent of compliance with the requirements of the Truth in Negotiations Act and the implementing provisions of the Armed Services Procurement Regulation. This effort was part of a nationwide survey of the Department of Defense noncompetitive prime contracts to determine whether more intensive examinations of the reasonableness of the pricing were warranted.