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 67
Page 2558
... segment to be reasonable in relation to the minimum risk involved . The remaining comments in our report apply primarily to the negotiation of prospective prices for the second segment of 228 planes and the third segment of 300 planes ...
... segment to be reasonable in relation to the minimum risk involved . The remaining comments in our report apply primarily to the negotiation of prospective prices for the second segment of 228 planes and the third segment of 300 planes ...
Page 2560
... second segment covering 228 airplanes were approximately $ 4,350,000 lower than the estimated costs of such ma- terials included in his price proposal . Of this total reduction in material costs , about $ 1,700,000 was known to the ...
... second segment covering 228 airplanes were approximately $ 4,350,000 lower than the estimated costs of such ma- terials included in his price proposal . Of this total reduction in material costs , about $ 1,700,000 was known to the ...
Page 2561
... second segment of 228 planes they had firm prices for components applicable to a portion of the planes and lower prices for the components for use on the remainder of the planes of that segment . General Motors stated that in such cases ...
... second segment of 228 planes they had firm prices for components applicable to a portion of the planes and lower prices for the components for use on the remainder of the planes of that segment . General Motors stated that in such cases ...
Page 2563
... second segment would have been a basis for forecasting the burden expenditures for the 300 airplanes , for the reason that it did not give effect to phasing out the program . This reply by the contractor does not evidence consideration ...
... second segment would have been a basis for forecasting the burden expenditures for the 300 airplanes , for the reason that it did not give effect to phasing out the program . This reply by the contractor does not evidence consideration ...
Page 2569
... second segment . Regardless of the foregoing , however , we are desirous of doing a better job of review and ... ( ii ) Both the initial and subsequent pricing of contracts containing price revision clauses . " It further provides that ...
... second segment . Regardless of the foregoing , however , we are desirous of doing a better job of review and ... ( ii ) Both the initial and subsequent pricing of contracts containing price revision clauses . " It further provides that ...
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...