Federal contracting : guidance on award fees has led to better practices but is not consistently applied : report to congressional requesters.

In prior work, GAO found that contractors were paid billions of dollars in award fees regardless of acquisition outcomes. In December 2007, the Office of Management and Budget (OMB) issued guidance aimed at improving the use of award fee contracts. GAO was asked to (1) identify agencies' action...

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Bibliographic Details
Corporate Authors:	United States. Government Accountability Office, ProQuest (Firm)
Format:	Government Document eBook
Language:	English
Published:	[Washington, D.C.] : U.S. Govt. Accountability Office, [2009]
Series:	U.S. Congressional Research.
Subjects:	United States. > Department of Defense > Rules and practice. United States. > Department of Homeland Security > Rules and practice. United States. > Department of Energy > Rules and practice. United States. > Department of Health and Human Services > Rules and practice. United States. > National Aeronautics and Space Administration > Rules and practice. Defense contracts > United States > Evaluation. Public contracts > United States > Evaluation. Contracting out > United States. Electronic books.
Online Access:	Connect to the full text of this electronic book

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Summary:	In prior work, GAO found that contractors were paid billions of dollars in award fees regardless of acquisition outcomes. In December 2007, the Office of Management and Budget (OMB) issued guidance aimed at improving the use of award fee contracts. GAO was asked to (1) identify agencies' actions to revise or develop award fee policies and guidance to reflect OMB guidance, (2) assess the consistency of current practices with the new guidance, and (3) determine the extent agencies are collecting, analyzing, and sharing information on award fees. GAO reviewed the Departments of Defense (DOD), Energy (DOE), Health and Human Services (HHS), and Homeland Security (DHS) and the National Aeronautics and Space Administration (NASA) -- agencies that constituted over 95 percent of the dollars spent on award fee contracts in fiscal year 2008. GAO recommends that DOE, HHS, and DHS develop or update implementing guidance on award fees, that DOD promote application of its current guidance, and that all agencies reviewed work together to develop methods to use in evaluating the effectiveness of award fees and sharing successful strategies.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection. Reuse except for individual research requires license from ProQuest, LLC. Electronic resource.
Physical Description:	1 online resource.
Bibliography:	Includes bibliographical references.