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<classification authority="sudocs">GA 1.13:GAO-03-727</classification>
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 <subject>Contract modifications</subject>
 <subject>Price adjustments</subject>
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 <subject>Strategic planning</subject>
 <subject>Contract costs</subject>
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<titleInfo>
 <title>DOD Contract Payments: Management Action Needed to Reduce Billions in Adjustments to Contract Payment Records</title>
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<abstract>GAO has reported that the Department of Defense&apos;s (DOD) inability
to accurately account for and report on disbursements is a	 
long-term, major problem. GAO was requested to determine (1) the 
magnitude of the adjustments and related costs in fiscal year	 
2002, (2) why contracts, including payment terms, are so complex,
(3) the key factors that caused Defense Finance and Accounting	 
Service (DFAS) Columbus to make payment adjustments, and (4) what
steps DOD is taking to address the payment allocation problems.</abstract>
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 <topic>Contract modifications</topic>
 <topic>Price adjustments</topic>
 <topic>Accountability</topic>
 <topic>Strategic planning</topic>
 <topic>Contract costs</topic>
 <topic>DFAS Mechanization of Contract</topic>
 <topic>Administration Services System</topic>
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