DoD Contract Management: Overpayments Continue & Management & Accounting Issues Remain

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Our Price: $15.00

Year: 2002
Pages: 54
Binding Paperback

Product Code: 0756735920

Description

Gregory D. Kutz. Several reports have been issued highlighting billions of dollars of overpay. to Defense contractors by the DoD. In Dec. 2001, the Congress required a Federal agency with contracts totaling over $500 mill. in a FY to have a program for identifying payment errors & for recovering amounts erroneously paid to contractors. This report determined: (1) whether overpayments & underpayments to contractors have continued, (2) what actions DoD has taken to address payment discrepancies with contractors, & (3) whether the Defense Finance & Accounting Service properly accounts for & collects amounts due from contractors & accounts for amounts the Government owes contractors. Includes: “DoD Management: Examples of Inefficient & Ineffective Business Processes”; & “Contract Management: DOD Needs Better Guidance on Granting Waivers for Certified Cost or Pricing Data.”

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