Acquisition Reform--1986: Hearings Before the Acquisition and Procurement Policy Panel of the Committee on Armed Services, House of Representatives, Ninety-ninth Congress, Second Session, March 18, 20, April 8, 9, 10, 16, 22, and 30, 1986, Volume 5United States. Congress. House. Committee on Armed Services, United States. Congress. House. Committee on Armed Services. Acquisition and Procurement Policy Panel U.S. Government Printing Office, 1987 - 688 pages |
Common terms and phrases
acquisition actions actual Agency Air Force amendment appropriate ASBCA auditors baseline believe bill of material billion Chairman changes committee competition congressional contract price contracting officer contractor cost or pricing COURTER DCAA decision defective pricing audits defective pricing reviews Defense Logistics Agency Department of Defense dollars estimates fiscal FOSSEDAL funds GANSLER going Government improve increased industry inflation issue KASICH Kinlin KIPPS legislation LIBRARY OF CONGRESS major weapon systems manufacturing MAVROULES measurement ment military Navy Negotiations Act NICHOLAS MAVROULES offsets Packard Commission panel Pentagon percent performance pricing data problem procurement production profit program manager proposed question QUETSCH recommendation record reduced reform reprogramming requirements Secretary of Defense Senator Senator PRYOR SISISKY SPRATT standard hours statement subcontractor talking Thank things tion Truth in Negotiations undefinitized unobligated balances VANDER SCHAAF
Popular passages
Page 504 - In establishing that the defective data caused an increase in the contract price, the contracting officer is not expected to reconstruct the negotiation by speculating as to what would have been the mental attitudes of the negotiating parties if the correct data had been submitted at the time of agreement on price. In the absence of evidence to the contrary the natural and probable consequence of defective data...
Page 242 - Practice and Procedure of the Committee on the Judiciary of the US Senate on July 23, 1985.
Page 133 - I thank you and the Members of the Committee for the opportunity to participate in today's hearing on "Growth and Development of the Derivatives Market.
Page 525 - The requirement for submission of cost or pricing data is met when all accurate cost or pricing data reasonably available...
Page 59 - Defense, the Office of the Secretary of Defense and the Chairman of the joint Chiefs of Staff, and the Joint Staff, though separately identified and organized, function in full coordination and cooperation.
Page 268 - This part applies to the Office of the Secretary of Defense (OSD). the Military Departments, and the Defense Logistics Agency (DLA) (hereafter referred to collectively as "DoD Components"). The term "Military Services," as used herein, refers to the Army.
Page 474 - This report may not be released to any Federal agency outside the Department of Defense without the approval of Headquarters, DCAA, except to an agency requesting the report in negotiating or administering its contract.
Page 496 - Any prime contract or change or modification thereto under which such certificate is required shall contain a provision that the price to the Government, including profit or fee, shall be adjusted to exclude any significant sums by which it may be determined by the head of the agency that such price was increased because the contractor or any subcontractor required to furnish such a certificate, furnished cost or pricing data...
Page 29 - The factors to be considered In determining whether a cost is allowable include the following: (1) Reasonableness. (2) Allocability. (3) Standards promulgated by the CAS Board, if applicable; otherwise, generally accepted accounting principles and practices appropriate to the particular circumstances. (4) Terms of the contract. (5) Any limitations set forth in this subpart.
Page 37 - Consequently, negotiations aimed merely at reducing prices by reducing profits, with no realization of the function of profit cannot be condoned. For each contract in which profit Is negotiated as a separate element of the contract price, the aim of negotiation should be to employ the profit motive so as to impel effective contract performance by which overall costs are economically controlled. To this end, the profit objective must be fitted to the circumstances of the particular procurement, giving...