Government Property
DOD's Management of the Property It Furnishes to Contractors Gao ID: NSIAD-88-151 May 26, 1988GAO reviewed the Department of Defense's (DOD) management of government property furnished to DOD contractors to determine the: (1) effectiveness of DOD implementation of the government policy of relying on contractors to provide the property needed for government contracts; (2) adequacy of management controls over contractor requisitions; and (3) adequacy of government oversight of property in contractors' possession.
GAO found that DOD: (1) did not effectively implement the policy of relying on contractors to provide materiel for government contracts; (2) either did implement or inadequately implemented regulations designed to control contractors' materiel requisitions; (3) did not adequately enforce federal acquisition regulations requiring contractors to account for government-owned property in their possession and the government to oversee contractors' materiel management; and (4) made slow progress in developing and implementing financial property accounting systems.
RecommendationsOur recommendations from this work are listed below with a Contact for more information. Status will change from "In process" to "Open," "Closed - implemented," or "Closed - not implemented" based on our follow up work.
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