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You are here: Home / Government Contracting News / DoD fails to comply with rules to curb contractor estimate deficiencies

July 13, 2015 By AMK

DoD fails to comply with rules to curb contractor estimate deficiencies

The Defense Department’s contracting component hasn’t observed new rules meant to address deficiencies in the way contractors estimate prices for DoD, says a June 29 DoD inspector general report.

DOD IGContractor estimating systems encompass the policies, procedures and practices used by the contractor for generating estimates of costs and other data that are included in proposals submitted to the government.

And it’s important that those systems are accurate, the report says.

“Contractor business systems and related internal controls, including the estimating system, are the first line of defense against waste, fraud, and abuse,” GAO says.

Keep reading this article at: http://www.fiercegovernment.com/story/dod-fails-comply-rules-curb-contractor-estimate-deficiencies/2015-07-01

Filed Under: Government Contracting News Tagged With: abuse, cost and price, cost estimate, DFARS, DoD, fraud, GAO, IG, waste

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