Tag:

cost plus

Latest Headlines

Latest Headlines

DoD auditors fault Northrop Grumman for BAMS invoices

The Navy gave Northrop Grumman as much as $300,000 in profit for filling out $3 million worth of travel expense forms--and some of those expenses should have never been approved, says the Defense

DOT pays out unjustified award fees on cost plus contracts, says IG

The Transportation Department pays incentive fees to contractors without demonstrating that they deserve them, says an inspector general report. The report, dated August 25 and based on an

NASA past performance ratings higher for cost plus contracts than fixed price

The more a company has a contractually risky relationship with NASA, the more likely it is that the agency will rate that contractor well during past performance evaluations, according to new