[PDF] Defense Contracting Use Of Undefinitized Contract Actions Understated And Definitization Time Frames Often Not Met eBook

Author : United States Government Accountability Office
Publisher : Createspace Independent Publishing Platform
Page : 38 pages
File Size : 20,39 MB
Release : 2018-01-15
Category :
ISBN : 9781983869907

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Defense Contracting: Use of Undefinitized Contract Actions Understated and Definitization Time Frames Often Not Met

Author : U S Government Accountability Office (G
Publisher : BiblioGov
Page : 40 pages
File Size : 18,45 MB
Release : 2013-07
Category :
ISBN : 9781289237219

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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.

Author :
Publisher :
Page : 38 pages
File Size : 49,50 MB
Release : 2007
Category :
ISBN :

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To meet urgent needs, the Department of Defense (DOD) can issue undefinitized contract actions (UCA), which authorize contractors to begin work before reaching a final agreement on contract terms. The contractor has little incentive to control costs during this period, creating a potential for wasted taxpayer dollars. Pursuant to the House of Representatives report on the National Defense Authorization Act for Fiscal Year 2007, we assessed (1) the level of insight DOD has into its use of UCAs, (2) how and when DOD is using UCAs, (3) whether DOD is definitizing UCAs in a timely fashion, and (4) whether contracting officers are documenting the basis for negotiated profit or fee. GAO reviewed 77 randomly-selected contracts at seven locations and interviewed DOD officials.

Author : U.s. Government Accountability Office
Publisher : Createspace Independent Publishing Platform
Page : 50 pages
File Size : 14,57 MB
Release : 2017-08-11
Category :
ISBN : 9781974439751

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To meet urgent needs, DOD can issue undefinitized contract actions (UCA), which authorize contractors to begin work before reaching a final agreement on contract terms. Such actions are considered to be a risky contract vehicle for the government because contractors lack incentives to control costs during this period. Defense regulations provide that the government determination of contractors allowable profit or fee should reflect any reduced cost risk.Pursuant to the 2008 National Defense Authorization Act, GAO assessed whether DOD actions taken as required by the act have (1) improved departmental insight and oversight of UCA use and (2) resulted in local commands meeting DODs standards for documenting the basis for negotiating the contractor profit or fee, definitization timelines, and obligation amounts. GAO reviewed relevant DOD regulations and policies, and contract files for 83 randomly-selected UCAs totaling $6.1 billion at eight local commands. The findings from this contract file review can not be generalized across DOD.

Author : United States. Government Accountability Office
Publisher :
Page : 45 pages
File Size : 38,90 MB
Release : 2010
Category : Defense contracts
ISBN :

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To meet urgent needs, DOD can issue undefinitized contract actions (UCA), which authorize contractors to begin work before reaching a final agreement on contract terms. Such actions are considered to be a risky contract vehicle for the government because contractors lack incentives to control costs during this period. Defense regulations provide that the government determination of contractors' allowable profit or fee should reflect any reduced cost risk. Pursuant to the 2008 National Defense Authorization Act, GAO assessed whether DOD actions taken as required by the act have (1) improved departmental insight and oversight of UCA use and (2) resulted in local commands meeting DOD's standards for documenting the basis for negotiating the contractor profit or fee, definitization timelines, and obligation amounts. GAO reviewed relevant DOD regulations and policies, and contract files for 83 randomly-selected UCAs totaling $6.1 billion at eight local commands. The findings from this contract file review can not be generalized across DOD. GAO recommends that the Secretary of Defense revise defense regulations to provide specific guidance for how to develop, consider, and document assessments of cost risk for profit or fee for all undefinitized contract actions. In written comments, DOD agreed with the recommendations.

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Publisher :
Page : 51 pages
File Size : 43,2 MB
Release : 2010
Category :
ISBN :

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To meet urgent needs, DoD can issue undefinitized contract actions (UCA), which authorize contractors to begin work before reaching a final agreement on contract terms. Such actions are considered to be a risky contract vehicle for the government because contractors lack incentives to control costs during this period. Defense regulations provide that the government determination of contractors' allowable profit or fee should reflect any reduced cost risk. Pursuant to the 2008 National Defense Authorization Act, GAO assessed whether DoD actions taken as required by the act have accomplished the following: (1) improved departmental insight and oversight of UCA use; and (2) resulted in local commands meeting DoD's standards for documenting the basis for negotiating the contractor profit or fee, definitization timelines, and obligation amounts. GAO reviewed relevant DoD regulations and policies and contract files for 83 randomly-selected UCAs totaling $6.1 billion at eight local commands. The findings from this contract file review cannot be generalized across DoD. GAO recommends that the Secretary of Defense revise defense regulations to provide specific guidance for how to develop, consider, and document assessments of cost risk for profit or fee for all undefinitized contract actions. In written comments, DoD agreed with the recommendations.

Author : United States Government Accountability Office
Publisher : Createspace Independent Publishing Platform
Page : 26 pages
File Size : 47,50 MB
Release : 2018-05-10
Category :
ISBN : 9781718961913

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Defense Contracting: Observations on Air Force Use of Undefinitized Contract Actions