Download or read book Review of the Defense Department s Profit Policy for Noncompetitive Contracts written by United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee and published by . This book was released on 1987 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Review of the Defense Department s Profit Policy for Noncompetitive Contracts written by United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee and published by . This book was released on 1987 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Recent Changes in the Defense Department s Profit Policy intended Results Not Achieved written by United States. General Accounting Office and published by . This book was released on 1979 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Contract Management DOD s Profit Policy Provision to Stimulate Innovation Needs Clarification written by and published by . This book was released on 2001 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: In negotiating profit on contracts, the Department of Defense (DOD) requires contracting officers to set negotiating objectives by relying on guidelines contained in defense regulations. Congress mandated in the National Defense Authorization Act for Fiscal Year 2000 (P.L. 106-65, Oct. 5, 1999) that DOD review its profit guidelines and consider whether modifying those guidelines would provide an increased incentive for contractors to develop and produce complex and innovative new technologies for weapon systems. After completing its review, DOD issued a final rule in December 2000 that added a technology incentive to its guidelines for setting profit objectives on negotiated defense contracts. At your request, we reviewed DOD's change to its profit policy to determine whether the new policy is (1) likely to achieve its intended objective of stimulating increased innovation and (2) consistent with its revised policies for acquiring weapon systems.
Download or read book Progress Made by the Department of Defense in Reducing the Impact of Military Procurement on the Economy written by United States. Congress. Joint Economic Committee. Subcommittee on Defense Procurement and published by . This book was released on 1961 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews DOD contracting and procurement policies and methods. Focuses on use of non-competitive (negotiated) contract.
Download or read book Contract Management written by United States. General Accounting Office and published by . This book was released on 2001 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pricing of Noncompetitive Contracts Subject to the Truth in negotiations Act written by United States. General Accounting Office and published by . This book was released on 1977 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Improvements Still Needed in Negotiating Prices of Noncompetitive Contracts Over 100 000 Department of Defense written by United States. General Accounting Office and published by . This book was released on 1974 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Contracts written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-10-05 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: DOD usually relies on competition to ensure it pays a reasonable price for supplies or services. For noncompetitive contracts, DOD relies on other methods for determining price reasonableness, such as information from previous contracts or from the contractor. For commercial items, there are limits on the types of data that may be requested from contractors. Section 831 of the National Defense Authorization Act for Fiscal Year 2013 required DOD to issue guidance and provide training related to the information contracting officers may request to determine the reasonableness of contract prices. The act also included a provision for GAO to review contracts awarded between January 2013 and January 2015 and report on the extent DOD needed cost data from the contractors to assess the reasonableness of prices. This report addresses (1) DOD's actions to develop guidance and training on determining price reasonableness, and (2) circumstances under which DOD requested contractor cost or pricing information for determining price reasonableness. GAO reviewed regulations and policies and interviewed DOD officials. GAO also reviewed a random, nongeneralizable sample of 32 noncompetitive commercial contracts from the four DOD components that spent the most on contracts during the 2-year period specified in the mandate.
Download or read book Report to the Congress written by United States. Office of Federal Procurement Policy and published by . This book was released on 1984 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Department Profit and Contract Finance Policies and Their Effects on Contract and Contractor Performance written by and published by . This book was released on 2008 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Defense Department, through the military services, buys equipment and services for which no open market exists. In negotiating the contracts for these acquisitions, the government has policy guidelines to aid the contracting officer in developing a reasonable amount of profit to pay the contractor. The goal of profit policy is a contract price that reimburses the contractor for its costs, provides the necessary incentives to yield beneficial performance, and to provide the contractor with sufficient risk reward. The effect of profit policy on contractor profits is inextricably linked to the type of contract financing policy the government uses in an acquisition. The authors examine the effectiveness of these two policy tools, profit and contract financing, on achieving contract outcomes and contractor financial performance. They also look at how these policies are implemented by the Defense Department. Their methodologies include analyses of profit target setting and actual contract results data in addition to discounted cash flow modeling to value a contract or contract stream to an investor. This study as a whole is concerned with two questions about profit policy. First, in what ways does profit policy provide incentives or disincentives with respect to cost growth, schedule slips, and the performance features of a system eventually provided to the Department of Defense? Specifically, the authors are interested in whether or not profit policy can be reliably manipulated to encourage desirable outcomes on particular contracts. Second, does profit policy provide defense contractors with a profit that is large enough to retain these firms in the defense industry? Each of these questions presents several distinct issues which IDA approached using different methods and data.
Download or read book Problems with the New Department of Defense Profit Policy written by Robert J. Blair and published by . This book was released on 1976 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of DoD profit policy is to pay the contractor a fair profit for work performed on contract. Fair profit is interpreted as rewarding the contractor for risk assumed and facilities provided, while recognizing outstanding performance and encouraging efficiency. This goal is not always attainable. Two major forces that impact on DoD procurement most heavily are the political environment (e.g. pressures from Congress, defense industry groups and the taxpayer), and the contracting environment, (e.g. laws and regulations associated with purchasing military hardware). This study seeks to identify potential problem areas that may hinder successful implementation of the new DoD profit policy. It identifies problems related to: allocation of facilities capital to a contract; computation of the prenegotiation profit objective for facilities investment; inclusion of facilities capital cost of money as an allowable cost; and application of the productivity reward.
Download or read book Defense Contracting written by United States. Government Accountability Office and published by . This book was released on 2012 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition is a critical tool for achieving the best return on the government's investment. Federal agencies are generally required to award contracts competitively, but they are permitted to use other than full and open competition in certain situations, such as when open competition would reveal information that would harm national security. GAO examined DOD's use of this provision, known as the national security exception. It requires the use of competition to the greatest extent practicable. GAO assessed (1) the pattern of DOD's use of the national security exception; (2) DOD's processes for using the exception; and (3) the extent to which DOD achieved competition under the exception. GAO analyzed federal procurement data; reviewed a selection of 27 contract files and justifications citing the exception from the Army, Navy, and Air Force, based on largest obligations, frequent users, and a range of procurement types, as well as five contracts from DOD intelligence agencies; and interviewed DOD contracting and program officials. GAO recommends that DOD issue guidance clarifying when security sensitive contracting data must be reported, monitor the impact of new Air Force class justification processes, and consider using tools that facilitate market research in a secure environment. DOD concurred with two recommendations and partially concurred with the recommendation on clarifying guidance, citing pending revisions to regulations. GAO continues to believe that clarifying guidance is needed.
Download or read book Vinson Trammell Act Repeal Or Revision written by United States. Congress. Senate. Committee on Armed Services. Subcommittee on Procurement Policy and Reprograming and published by . This book was released on 1980 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Interim Report of the Activities of the House Committee on Government Operations written by United States. Congress. House. Committee on Government Operations and published by . This book was released on 1987 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book INTERIM REPORT OF THE ACTIVITIES OF THE HOUSE COMMITTEE ON GOVERNMENT OPERATIONS written by and published by . This book was released on 1988 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Activities of the House Committee on Government Operations written by United States. Congress. House. Committee on Government Operations and published by . This book was released on 1984 with total page 1044 pages. Available in PDF, EPUB and Kindle. Book excerpt:
