Administrations within the Transportation Department did not fully comply with revised Federal Acquisition Regulation requirements on the use of cost-reimbursement contracts due to a lack of guidance from the DOT on how to implement the revised regulation, an Aug. 5 DOT inspector general report says.
The IG reviewed 31 cost-reimbursement awards – 11 contracts and 20 task orders – from six administrations in the DOT that were entered into between July 1, 2011, and May 31, 2012.
Section 864 of the 2009 National Defense Authorization Act required amendments to the FAR to provide further guidance on circumstances when cost-reimbursement contracts are appropriate as well as how to support the selection of a cost-reimbursement contract and the resources necessary to award and manage a cost-reimbursement contract.
Keep reading this article at: http://www.fiercegovernment.com/story/dot-cost-reimbursement-awards-did-not-comply-revised-far-rules-ig-says/2013-08-08
