Defense contracting: DOD should encourage greater use of existing expertise to review indemnification requests : report to congressional committees / United States Government Accountability Office.

Format:

Book

Government document

Author/Creator:

United States. Government Accountability Office, author, issuing body.

Language:

English

Subjects (All):

United States. Department of Defense--Management--Evaluation.

United States.

Indemnity against liability--United States.

Indemnity against liability.

Industrial engineering--Risk assessment.

Industrial engineering.

Defense contracts--United States--Management.

Defense contracts.

Weapons systems--United States--Procurement--Management.

Weapons systems.

Physical Description:

1 online resource (iii, 32 pages) : color illustrations

Other Title:

Defense contracting: Department of Defense should encourage greater use of existing expertise to review indemnification requests

DOD should encourage greater use of existing expertise to review indemnification requests

GAO-24-106403 Defense contracting

Place of Publication:

Washington, DC : United States Government Accountability Office, 2024.

Summary:

Recently, DOD has experienced challenges indemnifying--or providing financial protection to--contractors working on certain weapon systems. A congressional report expressed concern that DOD's application of indemnification laws and an increase in programs with unusually hazardous risks could affect DOD's ability to field advanced weapon systems. GAO's report examines (1) how DOD has indemnified risk related to contracts over the past 15 years and how it makes those decisions, (2) how defense contractors obtain insurance and the risk factors that influence insurance coverage decisions, and (3) what indemnification challenges, if any, DOD and contractors have experienced and may experience in the future. GAO is recommending that DOD encourage contracting officials to consider using existing expertise within DCMA to improve the indemnification request review process.

Contents:

Background

Indemnification requests are infrequent and contracting officials are not consistently using available resources to evaluate requests

Contractors obtain limited and varied coverage from multiple insurers based on overall risk

DOD addressed recent indemnification challenges and maintains flexibility to address future risks

Conclusions

Recommendation for executive action

Agency comments

Appendices.

Notes:

"March 2024."

"GAO-24-106403."

In scope of the U.S. Government Publishing Office Catalog and Indexing Program (C&I) and Federal Depository Library Program (FDLP).

Includes bibliographical references.

Description based on online resource; title from PDF title page (GAO, viewed March 13, 2024).

OCLC:

1426041391