Download or read book Defense Contracting Improved Insight and Controls Needed over DOD s Time and Material Contracts written by and published by DIANE Publishing. This book was released on with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Contracting written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-14 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under time-and-materials contracts, payments to contractors are made based on the number of labor hours billed at hourly rates and, if applicable, other direct costs. Because of the risk they pose to the government, their use is supposed to be limited to cases where no other contract type is suitable. GAO was asked to identify trends in the Department of Defense's (DOD) obligations under time-and-materials contracts; analyze what DOD is buying under these contracts; assess why DOD is using them and whether actions are being taken to ensure that they are used only when no other contract type is suitable; evaluate DOD's monitoring of contractor performance; and determine the differences between the labor rates prime contractors bill DOD and the rates in their subcontracts. GAO reviewed 82 time-and-materials contracts, agreements, and orders and examined prime contract and subcontract labor rates on 12 additional contracts or agreements.
Download or read book Defense Contracting written by United States. Government Accountability Office and published by . This book was released on 2007 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Contracting DoD has Enhanced Insight into Undefinitized Contract Action Use but Management at Local Commands Needs Improvement written by and published by DIANE Publishing. This book was released on with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Contracting written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-08-11 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Defense Contracting DOD Has Enhanced Insight Into Undefinitized Contract Action Use But Management at Local Commands Needs Improvement written by and published by . This book was released on 2010 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Defense Contracting written by Ann Calvaresi Barr and published by DIANE Publishing. This book was released on 2008-11 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: One-third of the DoD FY 2006 spending on goods and services was for subcontracts. Concerns have been raised among DoD auditors and Congress about the potential for excessive pass-through charges by contractors that add little or no value when work is subcontracted. To better understand this risk, this report assesses the extent to which DoD may be vulnerable to these charges, and examines: (1) DoD¿s approach to assessing the risk of excessive pass-through charges when work is subcontracted; (2) the strategies that selected private sector companies use to minimize risks of excessive pass-through charges when purchasing goods and services; and (3) DoD¿s interim rule to prevent excessive pass-through charges. Illustrations.
Download or read book Defense Acquisitions Managing Risk to Achieve Better Outcomes written by Paul Francis and published by DIANE Publishing. This book was released on 2011 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. In FY 2009, DoD spent nearly $384 billion on contracts. This investment, representing over 70% of total gov¿t. contract spending, highlights the great need to better manage risk in acquisitions. But DoD has not always managed risks effectively: major systems continue to take longer to develop, cost more, and deliver fewer quantities and capabilities than originally planned. In addition, poorly managed growth in services spending has contributed to disappointing program outcomes. This testimony focuses on: (1) planning of DoD's acquisitions; (2) contract types and the award process, incl. bid protests; (3) outcomes of major acquisition programs; and (4) acquisition and contractor workforce mgmt. It also highlights relevant reforms in each area.
Download or read book Interagency Contracting written by John Hutton and published by DIANE Publishing. This book was released on 2008-10 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring Value and Risk in Services Contracts written by United States. Congress. House. Committee on Armed Services. Panel on Defense Acquisition Reform and published by . This book was released on 2010 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Acquisition written by John P. Hutton and published by DIANE Publishing. This book was released on 2008-11 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: A growing portion of federal spending is related to buying services such as administrative, management, and information technical support. Services accounted for about 60% of total FY 2006 procurement dollars. The Services Acquisition Reform Act (SARA) of 2003 established a Services Acquisition Advisory Panel to make recommendations for improving acquisition practices. In Jan. 2007, the panel proposed 89 recommendations to improve fed. acquisition practices. This report determines how the panel recommendations compare to past work and identifies how the Office of Fed. Procurement Policy expects the recommendations to be addressed. Includes recommendations. Charts and tables.
Download or read book Federal Acquisition written by Paula B. Compton and published by Berrett-Koehler Publishers. This book was released on 2009-11-01 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Take the First Step Toward Building a Strong Foundation in Federal Acquisition! Federal Acquisition: Key Issues and Guidance is an essential guide to understanding and working within the complex world of federal government contracting. It offers brief but comprehensive explanations of the major phases and essential tasks in the contracting process. Written in a clear and easy-to-understand style, this resource provides the perfect foundation for building a thorough understanding of federal contracting. Author Paula Compton focuses on the most problematic areas of federal contracting, highlighting the deficiencies cited most often by the Government Accountability Office and Inspector General audits and reports, such as: • Not performing market research • Inadequate independent government cost estimates • Violation of the bona fide needs rule • Insufficient statements of work • Inadequate price or cost analysis Anyone new to government acquisition will find that reading this book is the ideal first step on the path to understanding the federal acquisition process. Seasoned contract professionals will find it an excellent quick review.
Download or read book Contract Audits written by Jeanette M. Franzel and published by DIANE Publishing. This book was released on 2011-04 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gov't. agencies are increasingly reliant on contractors to execute their missions. The gov't. needs strong controls to provide reasonable assurance that these contract funds are not being lost to improper payments (fraud and errors), waste, and mis-management. Effective contract oversight, which includes effective internal controls throughout the contracting process, is essential to protecting gov't. and taxpayer interests. This testimony describes the: (1) contracting cycle and related internal controls; (2) Defense Contract Audit Agency and its role in performing contract audits for fed. agencies; and (3) risks associated with ineffective contract controls and auditing. Charts and tables. This is a print on demand report.
Download or read book High Risk Series written by Gene L. Dodaro and published by DIANE Publishing. This book was released on 2009-12 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fed. gov¿t. is the world's largest and most complex entity, with about $3 trillion in outlays in FY 2008. Reports on high-risk areas bring focus to areas needing attention due to their greater vulnerabilities to fraud, waste, abuse, and mismanagement. These reports also identify areas needing transformation to address major economy, efficiency, or effectiveness challenges. This 2009 update presents the status of high-risk areas listed in 2007 and identifies new high-risk areas. Solutions to high-risk problems offer the potential to save billions of dollars, dramatically improve service to the public, strengthen confidence and trust in the performance and accountability of the U.S. gov¿t., and ensure the ability of gov¿t. to deliver on its promises. Illus.
Download or read book Defense Acquisitions Actions Needed to Ensure Value for Service Contracts Congressional Testimony written by and published by DIANE Publishing. This book was released on 2009 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Management written by Janet St. Laurent and published by DIANE Publishing. This book was released on 2009-05 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses the challenges DoD faces to improve the efficiency and effectiveness of its weapon systems acquisition and contract mgmt. Weapon systems programs continue to take longer to develop, cost more, and deliver fewer quantities and capabilities than originally planned. DoD also continues to face challenges managing service contracts and contractors. The current fiscal environment combined with operational demands elevates the need to improve weapon systems acquisition and contract mgmt. DoD has taken steps in response to recommendations made over the past decade. DoD needs to: translate policy into practice; ensure steps undertaken result in intended outcomes; and conduct a reexamination of its reliance on contractors. Illus.
Download or read book Department of Defense Appropriations for 2010 Part 1 February 11 2009 111 1 Hearings written by and published by . This book was released on 2010 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt:
