TITLE

Application of OMB Guidance Can Improve Use of Award Fee Contracts

PUB. DATE
August 2009
SOURCE
GAO Reports;8/3/2009, preceding p1
SOURCE TYPE
Government Document
DOC. TYPE
Article
ABSTRACT
The article presents the Government Accountability Office's (GAO) testimony and findings about the significance of the Office of Management and Budget's (OMB) guidance to improve the use of award fee contracts in the U.S. It explores how the award fee contracts were used over 95 percent of the government's spending through its five agencies and relates that the evidence obtained from their investigations provide reasonable basis. Further information about the assessment is presented.
ACCESSION #
43605657

 

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