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Why GAO Did This Study DOD has a large volume of contracts that have not been closed on time. Closing a contract includes tasks such as verifying that the goods and services were provided and making final payment to the contractor. Closing contracts within required time frames can limit the government's exposure to certain financial risks. One reason why some contracts are

Title : Defense Contracting: Dod Initiative to Address Audit Backlog Shows Promise, But Additional Management Attention Needed to Close Aging Contracts: Report to the Committee on Armed Services, U.S. Senate.
Author : U.S. Government Accountability Office
Language : en
Rating :
4.90 out of 5 stars
Type : PDF, ePub, Kindle
Uploaded : Apr 06, 2021

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