Dod Contract Management

Dod Contract Management

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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 a for recovering amounts erroneously paid to contractors. This report determined: (1) whether overpayments a underpayments to contractors have continued, (2) what actions DoD has taken to address payment discrepancies with contractors, a (3) whether the Defense Finance a Accounting Service properly accounts for a collects amounts due from contractors a accounts for amounts the Government owes contractors. Includes: DoD Management: Examples of Inefficient a Ineffective Business ProcessesA“; a Contract Management: DOD Needs Better Guidance on Granting Waivers for Certified Cost or Pricing Data.A“The following examples show the cost of manual entry of purchase card transactions. a€c On February 13, 2002, DFAS-Columbus received a certified purchase card monthly statement detailing 271 purchases totaling nearly $24 million from theanbsp;...

Title:Dod Contract Management
Author:Gregory D. Kutz
Publisher:DIANE Publishing - 2003-11-01


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