PBGC Needs to Strengthen Oversight Controls Between CORs and Other Technical Personnel

Provide training for individuals responsible for writing contracts to ensure requirements are clear and options comply with the FAR.

Develop a control to ensure that options are exercised in accordance with contractual language. Implementing this recommendation could have ensured $1,442 would have been put to better use.

Develop a Labor Hour invoice process to ensure CORs are properly reviewing supporting documents before they approve or reject contractor Labor Hour invoices.

Require the PD to follow up on annual COR file reviews within 90 days to ensure the COR fixed any identified discrepancies.

Ensure the annual COR file review process identifies improvements needed in COR files and communicates them to the CORs.