Comptroller General Reports to Congress on Audits of Defense Contracts: Hearings, Eighty-ninth Congress, First Session, Part 1Considers GAO reports on DOD and AEC contracting practices. |
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Page 29
... negotiation of these contracts when you are negotiating with the proposed contractor ? Mr. NASH . I think , Mr. Horton ... negotiated the contractor is obliged for 3 years , I believe , to keep records . Mr. BANNERMAN . Three years after ...
... negotiation of these contracts when you are negotiating with the proposed contractor ? Mr. NASH . I think , Mr. Horton ... negotiated the contractor is obliged for 3 years , I believe , to keep records . Mr. BANNERMAN . Three years after ...
Page 40
... negotiated procurement contract actions amount to approximately $ 24 billion a year , and procurements by National Aeronautics and Space Administration , Atomic Energy Commission , General Services Ad- ministration , and other agencies ...
... negotiated procurement contract actions amount to approximately $ 24 billion a year , and procurements by National Aeronautics and Space Administration , Atomic Energy Commission , General Services Ad- ministration , and other agencies ...
Page 42
... Negotiated contracts generally are characterized by a lack of price competition at the time of negotiation . Therefore , many of our re- views are directed to an evaluation of the price negotiation . In planning and conducting our ...
... Negotiated contracts generally are characterized by a lack of price competition at the time of negotiation . Therefore , many of our re- views are directed to an evaluation of the price negotiation . In planning and conducting our ...
Page 45
... negotiated with Hewlett - Packard by the Department of the Air Force for cer- tain electronic test and measuring equipment . The prices negotiated for the contracts were catalog prices established by the contractor less discounts ...
... negotiated with Hewlett - Packard by the Department of the Air Force for cer- tain electronic test and measuring equipment . The prices negotiated for the contracts were catalog prices established by the contractor less discounts ...
Page 50
... negotiated contracts almost exclusively . Where contracts are negotiated there is lacking the full and free competition that you have in advertised procurements , with the result that additional safeguards must be followed in order that ...
... negotiated contracts almost exclusively . Where contracts are negotiated there is lacking the full and free competition that you have in advertised procurements , with the result that additional safeguards must be followed in order that ...
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Common terms and phrases
ABBADESSA Accounting Office action administrative Air Force aircraft Alcoa amount Army ASPR Assistant Secretary Audit Agency audit reports auditors award BANNERMAN basis believe CAMPBELL Chairman committee Comptroller Congress contract audit contracting officer contractor Corp correct cost data DAHLIN dated decision defense contracts Department of Defense Department of Justice determination disallowance DOD comments DOUGLAS draft report equipment estimate fact final report fixed-price contract furnished GAO finding GAO report GAO's Hamilton Standard HOLIFIELD HORTON involved issued judgment KELLER matter Melpar ment military million MUNVES Navy NEFFNER negotiated operations payments percent performance Pratt & Whitney pricing data prime contractor problem procedures procurement production profit Public Law quantum meruit question RACUSIN reasonable recommendations records request responsibility result ROBACK Secretary of Defense statement statute subcommittee subcontract submitted tion U.S. Army United Aircraft Corp unnecessary costs voluntary refund Westinghouse
Popular passages
Page 88 - All claims and demands whatever by the Government of the United States or against it, and all accounts whatever in which the Government of the United States is concerned, either as debtor or creditor, shall be settled and adjusted in the General Accounting Office.
Page 46 - The comptroller general shall investigate, at the seat of government or elsewhere, all matters relating to the receipt, disbursement, and application of public funds...
Page 699 - Sec. 3167. It shall be unlawful for any collector, deputy collector, agent, clerk, or other officer or employee of the United States to divulge or to make known in any manner whatever not provided by law to any person the operations, style of work, or apparatus of any manufacturer or producer visited by him in the discharge of his official duties...
Page 355 - ... and shall be required to certify that, to the best of his knowledge and belief, the cost or pricing data he submitted was accurate, complete and current...
Page 702 - ... trade secrets, processes, operations, style of work, or apparatus, or to the identity, confidential statistical data, amount or source of any income, profits, losses, or expenditures of any person, firm, partnership, corporation, or association...
Page 42 - ... a clause to the effect 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, 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 516 - 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 39 - Congress at the beginning of each regular session, a report in writing of the work of the General Accounting Office, containing recommendations concerning the legislation he may deem necessary to facilitate the prompt and accurate rendition and settlement of accounts and concerning such other matters relating to the receipt, disbursement, and application of public funds as he may think advisable. In such regular report, or in special reports at any time when Congress is in session, he shall make...
Page 699 - ... the amount or source of income, profits, losses, expenditures, or any particular thereof, set forth or disclosed in any income return...
Page 342 - Contractor, was then of said Corporation; that said Contract was duly signed for and in behalf of said Corporation by authority of its governing body, and is within the scope of its corporate powers.