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GAO-11-609R 1 (2011-07-12)

handle is hein.gao/gaobaanzb0001 and id is 1 raw text is: &GAO Accountability I Integrity I Rehlability United States Government Accountability Office Washington, DC 20548 July 12, 2011 The Honorable Kay Bailey Hutchison Ranking Member Committee on Commerce, Science, and Transportation United States Senate The Honorable Ralph M. Hall Chairman The Honorable Eddie Bernice Johnson Ranking Member Committee on Science, Space, and Technology House of Representatives The Honorable Bill Nelson Chairman Subcommittee on Science and Space Committee on Commerce, Science, and Transportation United States Senate Subject: NASA Needs to Better Assess Contract Termination Liability Risks and Ensure Consistency in Its Practices The National Aeronautics and Space Administration (NASA) procures most of its goods and services through contracts, and it terminates very few of them. In fiscal year 2010, for example, NASA's procurements, ranging from small contracts for human resources consulting services to multimillion dollar contracts to build and operate spacecraft, totaled approximately $17.4 billion, representing about 83.4 percent of the agency's obligations that year.' That same year, it terminated 28 of 16,343 active contracts and orders2-a termination rate of about .17 percent. This rate is about the same-less than 0.2 percent-for each of the past 5 fiscal years. 'Total NASA obligations include salaries, benefits and travel of NASA employees, as well as credit card purchases. 2 A contract is a mutually binding legal relationship obligating the seller to furnish the supplies or services (including construction) and the buyer to pay for them. An order means a task or delivery order for services or supplies, respectively, placed against an established contract or with government sources. FAR § 2.101 GAO-11-609R NASA Termination Liability

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