Improvements Needed in DOD Procedures to Prevent Reimbursement of Unallowable Costs on Government Contracts


Book Description

GAO reviewed final overhead cost settlements with defense contractors to determine the extent to which questionable costs were allowed. GAO found numerous instances where administrative contracting officers (ACO) allowed costs that the Defense Contract Audit Agency (DCAA) questioned. Overall, 53 percent of the costs questioned by DCAA were allowed as overhead by ACO. GAO believes that: (1) the discrepancies are caused by varying interpretations of certain ambiguous provisions in the Federal Acquisition Regulation (FAR); and (2) contractors continue to claim reimbursement for unallowable costs, such as advertising and promotional expenses, because ACO often agree to compromise cost settlements that do not address specific cost items. Certain changes have been proposed to FAR that specify the circumstances under which advertising and public relations costs are allowable.




Government Operations


Book Description

The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.










Medical and Dental Expenses


Book Description







Contract Pricing Reference Guides


Book Description

This new, single-volume resource provides the most complete guidance available for analyzing the cost and pricing aspects of federal government contracts--so you can propose and negotiate appropriate prices and win contracts. The practical Contract Pricing Reference Guide reference combines five manuals into a single source, covering: Price Analysis Quantitative Techniques for Contract Pricing Cost Analysis Advanced Issues in Contract Pricing And Federal Contract Negotiation Techniques Determine the Proper Pricing to Win Government Business Throughout these pages, you will find highly detailed explanations of how the government evaluates proposals, arrives at pricing, chooses contractors, and awards contracts. With Contract Pricing Reference Guide, you can more confidently: Conduct market research for price analysis Employ proven techniques of quantitative price analysis Propose a fair and appropriate price Confidently engage in sealed bidding Include only what's allowable in the price Employ the most effective, competitive pricing strategies And engage in effective contract negotiations The One-of-a-Kind, Time-Saving Pricing Resource The all-new Contract Pricing Reference Guide provides a road-map for how to set correct pricing and engage in the competitive bidding process. It is a practical business tool to help you acquire government contract business--and it brings all the most valuable pricing information together in an easy-access, single-volume resource that puts everything you need literally right in front of you. No other resource delivers all of this together in one place, making it the most convenient way to obtain the most vital information on pricing government contracts.




Federal Contract Compliance Manual


Book Description