United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office National Security and International Affairs Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1994-04-11 monographic deposited born digital GA 1.13:NSIAD-94-144BR https://www.govinfo.gov/app/details/GAOREPORTS-NSIAD-94-144BR P0b002ee1803a400d f:ns94144b DGPO 2010-08-12 2011-03-23 GAOREPORTS-NSIAD-94-144BR machine generated eng fdlp REPORT GAOREPORTS-NSIAD-94-144BR NSIAD-94-144BR Department of Defense contractors Contract costs Defense cost control Questionable bid prices Defense audits Accounting systems Costing errors Defense procurement Contract monitoring Briefing Report NSIAD Defective pricing occurs when a contractor negotiating a price for a contract anticipated to be over a specified dollar value does not submit accurate, current, or complete data about the costs included in its proposal, thus increasing the contract price. If defective pricing is discovered, the government has the right to recover the amount of the overcharge. In May 1992, GAO reported that the amount of potential defective pricing on Defense Department (DOD) contracts as reported by the Defense Contract Audit Agency had dropped for the first time in years. This briefing report discusses the reasons for the reduction and any further declines that might be occurring. GAO focuses on the three-year period beginning in fiscal year 1990--the peak of the reported defective pricing--and ending in fiscal year 1992--the latest year for which data were available. https://www.govinfo.gov/content/pkg/GAOREPORTS-NSIAD-94-144BR/html/GAOREPORTS-NSIAD-94-144BR.htm GAO/NSIAD-94-144BR https://www.govinfo.gov/app/details/GAOREPORTS-NSIAD-94-144BR Briefing Report GAO/NSIAD-94-144BR; Contract Pricing: Reasons for the Decline in Reported Defective Pricing; Department of Defense contractors Contract costs Defense cost control Questionable bid prices Defense audits Accounting systems Costing errors Defense procurement Contract monitoring