Study of Air Force Contract AF 33 (038)-18503, General MOtors Corp., Buick-Oldsmobile-Pontiac Assembly Division: Hearings Before the Subcommittee for Special Investigations of the Committee on Armed Services, House of Representatives, Eighty-fifth Congress, First Session, Under the Authority of H. Res. 67 ... Subcommittee Proceedings No. 9United States. Congress. House. Committee on Armed Services, United States. Congress. House. Committee on Armed Services. Subcommittee for Special Investigations U.S. Government Printing Office, 1957 - 371 pages |
From inside the book
Results 1-5 of 79
Page 2559
... ment to apply in contract bids on F - 84F airplanes a profit rate of 8 percent of costs and further indicated that all contract bids would be subject to redetermination and General Motors would benefit to the extent that savings are ...
... ment to apply in contract bids on F - 84F airplanes a profit rate of 8 percent of costs and further indicated that all contract bids would be subject to redetermination and General Motors would benefit to the extent that savings are ...
Page 2560
... ment of $ 1,700,000 is the reduction in the price of an assembly pur- chased from Vendo , Inc. , which was shown in the contractor's proposal at a unit cost of $ 1,507 for 228 units . However , this price applied to only the first 68 ...
... ment of $ 1,700,000 is the reduction in the price of an assembly pur- chased from Vendo , Inc. , which was shown in the contractor's proposal at a unit cost of $ 1,507 for 228 units . However , this price applied to only the first 68 ...
Page 2562
... ment of about $ 461,000 compared with the $ 736,000 which we esti- mated . The contractor agreed , also , that the direct labor in process appears to have been overvalued and stated that the cause is un- determined . I refer you to ...
... ment of about $ 461,000 compared with the $ 736,000 which we esti- mated . The contractor agreed , also , that the direct labor in process appears to have been overvalued and stated that the cause is un- determined . I refer you to ...
Page 2564
... ment played a very small part in the negotiation of the agreed - upon price for MDAP spares . The contractor further stated that 2564 STUDY OF AIR FORCE CONTRACT AF 33 ( 038 ) -18503 Saxton, Richard C , price analyst and chief ...
... ment played a very small part in the negotiation of the agreed - upon price for MDAP spares . The contractor further stated that 2564 STUDY OF AIR FORCE CONTRACT AF 33 ( 038 ) -18503 Saxton, Richard C , price analyst and chief ...
Page 2566
... ment and audít personnel . We believe that the attention which the Air Force is giving to the need for improving contract negotiations should have a salutary effect on pricing actions . The specific measures described by the Assistant ...
... ment and audít personnel . We believe that the attention which the Air Force is giving to the need for improving contract negotiations should have a salutary effect on pricing actions . The specific measures described by the Assistant ...
Common terms and phrases
Accounting Office actual cost Air Force Air Materiel Command aircraft airframe airplanes amount assy audit auditors August August 21 basis BATES bill of materials Buick-Oldsmobile-Pontiac assembly division burden Chairman clause Colonel MEDBERRY Colonel THOMPSON committee completed Comptroller contract price Contracting Officer Contractor agrees correct COURTNEY CUNNINGHAM delivered direct labor EDWARD HÉBERT fact figure final firm prices Fisher Body forward prices furnished fuselage GAVIN GORDON Government HAMMOND HARDY Harlow H HÉBERT HESS included July Kansas City KUHN lative LEMLEY letter LOOFBOURROW MARK ment MIDDLESWORTH Motors Corp negotiated price NOa(s paragraph percent performance planes plant POWERS price proposal price redetermination prices negotiated procurement production purchase orders question reasonable record reduction refund Renegotiation Board representatives request revision RICHMOND RIVERS SAXTON second segment statement subcommittee subcontracts submitted supplies third segment THURMAN tion understand unit prices
Popular passages
Page 2625 - The Contractor warrants that no person or selling agency has been employed or retained to solicit or secure this contract upon an agreement or understanding for a commission, percentage, brokerage, or contingent fee, excepting bona fide employees or bona fide established commercial or selling agencies maintained by the Contractor for the purpose of securing business. For breach or violation of this warranty the Government shall have the right to annul this contract without liability or in its discretion...
Page 2623 - Except as otherwise provided in this contract, any dispute concerning a question of fact arising under this contract which is not disposed of by agreement shall be decided by the Contracting Officer, who shall reduce his decision to writing and mail or otherwise furnish a copy thereof to the Contractor.
Page 2619 - The Contracting Officer may at any time, by a written order, and without notice to the sureties, make changes, within the general scope of this contract, in any one or more of the following: (i...
Page 2625 - Termination; (2) Place no further orders or subcontracts for materials, services, or facilities, except as may be necessary for completion of such portion of the work under the contract as...
Page 2627 - Interest computed at the rate of 6 percent per annum for the period from the date such excess payment is received by the Contractor to the date on which such excess Is repaid to the Government : Provided, however, That no interest shall be charged with respect to any such excess payment attributable to a reduction in the Contractor's claim by reason of retention or other disposition of termination Inventory until ten...
Page 2604 - ... the Comptroller General of the United States or any of his duly authorized representatives shall, until the expiration of three years after final payment, have access to and the right to examine any directly pertinent books, documents, papers, and records of the contractor or any of his subcontractors engaged in the performance of, and involving transactions related to such contracts or subcontracts...
Page 2627 - Disputes", from any determination made by the Contracting Officer under paragraphs (c) or (e) above, except that if the Contractor has failed to submit his claim within the time provided in paragraph (c) above and has failed to request extension of such time, he shall have no such right of appeal. In any case where the Contracting Officer has made a determination of the...
Page 2635 - Contractor further agrees to include in all his subcontracts hereunder a provision to the effect that the subcontractor agrees that the Comptroller General of the United States or any of his duly authorized representatives shall, until the expiration of three years after final payment under the subcontract, have access to and the right to examine any directly pertinent books, documents, papers, and records of such subcontractor, involving transactions related to the subcontract. The term "subcontract...
Page 2629 - Property, (B) the time and origin of the loss, destruction or damage, (C) all known interests in commingled property of which the Government Property is a part, and (D) the insurance, if any, covering any part of or interest in such commingled property. The Contractor shall make repairs and renovations of the damaged Government Property or take such other action, as the Contracting Officer directs.
Page 2625 - Government in accordance with this clause in whole, or from time to time in part, whenever the Contracting Officer shall determine that such termination is in the best interest of the Government. Any such termination shall be effected by delivery to the Contractor of a Notice of Termination...