Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Contract Pricing: Overpriced B-1B Bomber Avionics Subcontract

  Premium   Download PDF Now (14 pages)
Report Type Reports and Testimonies
Report Date Nov. 30, 1987
Report No. NSIAD-88-37
Subject
Summary:

GAO reviewed subcontractor pricing under an Air Force procurement for B-1B bomber avionics production.

GAO found that, because the subcontractor did not provide the primary contractor with accurate, complete, and current cost or pricing data, the primary contractor overstated its bid price by $373,957. GAO believes that the Air Force should initiate action to recover the overpayment from the primary contractor.

« Return to search Government Accountability Office reports