The Defense Contract Audit Agency (DCAA), is an agency of the United States Department of Defense under the direction of the Under Secretary of Defense (Comptroller). DCAA is primarily responsible for performing all contract audits for the Defense Department (and, to a lesser extent, for other agencies outside DoD), and providing cost accounting and financial advisory services regarding contracts and subcontracts to all DoD components responsible for procurement and contract administration. These services are provided in connection with negotiation, administration, and settlement of contracts and subcontracts. DCAA does not provide consulting/advisory services to contractors due to independence requirements.
Read more about Defense Contract Audit Agency: DCAA Today, Recent Events, Current DCAA Audits, DCAA Independence Requirements, History, Notable Cases
Famous quotes containing the words defense, contract and/or agency:
“He said, truly, that the reason why such greatly superior numbers quailed before him was, as one of his prisoners confessed, because they lacked a cause,—a kind of armor which he and his party never lacked. When the time came, few men were found willing to lay down their lives in defense of what they knew to be wrong; they did not like that this should be their last act in this world.”
—Henry David Thoreau (1817–1862)
“A contract for better for worse is a contract that should not be tolerated.”
—George Bernard Shaw (1856–1950)
“It is possible that the telephone has been responsible for more business inefficiency than any other agency except laudanum.... In the old days when you wanted to get in touch with a man you wrote a note, sprinkled it with sand, and gave it to a man on horseback. It probably was delivered within half an hour, depending on how big a lunch the horse had had. But in these busy days of rush-rush-rush, it is sometimes a week before you can catch your man on the telephone.”
—Robert Benchley (1889–1945)