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Operation Desert Storm: Comparing Peacetime and Wartime Unit Price Change Patterns

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Report Type Reports and Testimonies
Report Date June 18, 1992
Report No. NSIAD-92-196
Subject
Summary:

In response to concerns about price gouging by contractors in the wake of the Persian Gulf war, GAO reviewed the unit prices associated with certain Defense Department purchases made to support Operations Desert Shield and Desert Storm. This report (1) compares wartime unit prices to peacetime unit prices for similar items to determine the extent that prices changed, (2) determines whether the war resulted in a pattern of higher prices that differed significantly from those seen during peacetime, and (3) reviews transactions involving large percentage increases in unit prices to ascertain the reasons for those increases.

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