Transformation Of Department Of Defense Contract Closeout

Author : Ricardo Byrdsong
Publisher :
ISBN 13 : 9781423501626
Total Pages : 216 pages
Book Rating : 4.24/5 ( download)

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Download or read book Transformation of Department of Defense Contract Closeout written by Ricardo Byrdsong and published by . This book was released on 2003-06-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Defense (DoD) has tens of thousands of contracts physically completed but not formally closed-out. At issue are potentially millions of dollars that are obligated on those contracts which could be deobligated, thus making them available for use by DoD. At the request of the Deputy Assistant Secretary of the Navy for Research, Development and Acquisition (ASN(RD&A) Acquisition Management)), our team was forced to chart the current contract closeout process and to recommend ways to improve and transform the process while reducing the current backlog of physically completed contracts. This report identifies the steps necessary to affect contract closeout once a contract becomes physically complete Utilizing data from available DoD and non- DoD sources and interviews from personnel managing and working within the contract closeout process, our team (1) identifies the major causes preventing contracts from closing in a timely manner, (2) provides recommended actions to reduce the size of the overaged inventory of physically completed contracts, and (3) recommends modification to the existing closeout process to include pre- award and administration period actions in order to reduce the number of contracts that become overaged.

Author :
Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.85/5 ( download)

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Download or read book Transformation of Department of Defense Contract Closeout written by and published by . This book was released on 2003 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Defense (DoD) has tens of thousands of contracts physically completed but not formally closed-out. At issue are potentially millions of dollars that are obligated on those contracts which could be deobligated, thus making them available for use by DoD. At the request of the Deputy Assistant Secretary of the Navy for Research, Development and Acquisition (ASN(RD & A) Acquisition Management)), our team was forced to chart the current contract closeout process and to recommend ways to improve and transform the process while reducing the current backlog of physically completed contracts. This report identifies the steps necessary to affect contract closeout once a contract becomes physically complete Utilizing data from available DoD and non-DoD sources and interviews from personnel managing and working within the contract closeout process, our team (1) identifies the major causes preventing contracts from closing in a timely manner, (2) provides recommended actions to reduce the size of the overaged inventory of physically completed contracts, and (3) recommends modification to the existing closeout process to include pre-award and administration period actions in order to reduce the number of contracts that become overaged.

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.45/5 ( download)

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Download or read book Administration of the Contract Closeout Process Within DOD written by and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.50/5 ( download)

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Download or read book Administration of the Contract Closeout Process at the Defense Contract Management District West written by and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4.56/5 ( download)

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Download or read book Administration of the Contract Closeout Process at the Defense Contract Management District Mid Atlantic written by and published by . This book was released on 1991 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States. Department of Defense
Publisher :
ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.23/5 ( download)

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Download or read book The Management of Value Engineering in Defense Contracts written by United States. Department of Defense and published by . This book was released on 1969 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : U.s. Government Accountability Office
Publisher :
ISBN 13 : 9781974239344
Total Pages : 40 pages
Book Rating : 4.49/5 ( download)

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Download or read book Defense Contracting written by U.s. Government Accountability Office and published by . This book was released on 2017-08-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Why GAO Did This StudyDOD has a large volume of contractsthat have not been closed on time.Closing a contract includes tasks suchas verifying that the goods andservices were provided and makingfinal payment to the contractor. Closingcontracts within required time framescan limit the government's exposure tocertain financial risks. One reason whysome contracts are not being closed isthe large backlog of incurred costaudits that must first be completed.These audits, conducted by DCAA,ensure that the costs contractors haveincurred are permissible undergovernment regulations.The Senate Armed ServicesCommittee report accompanying theNational Defense Authorization Act forFiscal Year 2012 directed GAO toreview the criteria and procedures forconducting incurred cost audits, amongother things. In response, GAOassessed (1) efforts to reduce thebacklog of incurred cost audits and (2)the challenges DOD faces inaddressing the contract closeoutbacklog. GAO reviewed DCAA'spolicies and procedures for incurredcost audits; analyzed data on the auditand contract closeout backlogs; andinterviewed officials in the militarydepartments and agencies.What GAO RecommendsGAO is recommending that DCAAdevelop a plan to assess its incurredcost audit initiative; that DCMAimprove data on over-age contracts;and that the military departmentsdevelop contract closeout data and"

Author : Gregory D. Kutz
Publisher : DIANE Publishing
ISBN 13 : 9780756735920
Total Pages : 156 pages
Book Rating : 4.20/5 ( download)

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Download or read book Dod Contract Management written by Gregory D. Kutz and published by DIANE Publishing. This book was released on 2003-11 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States. Department of Defense
Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.22/5 ( download)

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Download or read book The Changing Patterns of Defense Procurement written by United States. Department of Defense and published by . This book was released on 1962 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher : DIANE Publishing
ISBN 13 : 142894446X
Total Pages : 59 pages
Book Rating : 4.66/5 ( download)

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Download or read book DOD contract management overpayments continue and management and accounting issues remain. written by and published by DIANE Publishing. This book was released on 2002 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: