Application of OMB Guidance Can Improve Use of Award Fee Contracts

August 2009
GAO Reports;8/3/2009, preceding p1
Government Document
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.


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