|
|
Showing 1 - 25 of
2378 matches in All Departments
The U.S. Government Accountability Office (GAO) is an independent
agency that works for Congress. The GAO watches over Congress, and
investigates how the federal government spends taxpayers dollars.
The Comptroller General of the United States is the leader of the
GAO, and is appointed to a 15-year term by the U.S. President. The
GAO wants to support Congress, while at the same time doing right
by the citizens of the United States. They audit, investigate,
perform analyses, issue legal decisions and report anything that
the government is doing. This is one of their reports.
Federal agencies have used time-and-materials (T&M) contracts
to purchase billions of dollars in services. These contracts are
risky because the government bears the risk of cost overruns.
Effective February 2007, the Federal Acquisition Regulation (FAR)
was revised, pursuant to a statutory change, to allow T&M
contracts to be used to acquire commercial services under FAR Part
12, which uses a streamlined procurement process. Certain
safeguards were included in FAR Part 12, including a requirement
that contracting officers prepare a detailed determination and
findings (D&F) that no other contract type is suitable. Based
on a mandate to review the use of T&M contracts for commercial
services, we assessed (1) agencies' reported use of such contracts
and what they acquired, (2) the degree to which agencies complied
with the new safeguards, and (3) the applicability of the
safeguards to General Services Administration (GSA) schedule
contracts. GAO reviewed contracts and orders at DOD and civilian
agencies and spoke with contracting officials.
|
|
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
