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Department of Defense Contract Pricing
The Department of Defense (DOD) frequently turns to private contractors to provide it with the goods and services that DOD needs to carry out its mission.
Federal contracting regulations require that contract prices be “fair and reasonable,” and include several mechanisms that DOD may exercise to ensure that it is not overcharged by these private vendors.
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| Website: | Visit Publisher Website |
| Publisher: | Congressional Research Service |
| Published: | December 19, 2023 |
| License: | Public Domain |
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