In fiscal year 2014, the Department of Transportation (DOT) obligated $2 billion on contracts. DOT’s contracting officers (CO) are responsible for awarding and managing a significant portfolio of contracts.
What We Looked At
On August 29, 2007, we issued our report on incurred-cost audits of DOT procurement contracts. The report discusses the Department's initiative to use a new structured approach for obtaining incurred-cost audits of procurement contracts.