Procurement:

Assessment of DOD's Multiyear Contract Candidates

NSIAD-87-202BR: Published: Aug 31, 1987. Publicly Released: Aug 31, 1987.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

In response to a congressional request, GAO analyzed the nine multiyear procurement candidates the Department of Defense (DOD) proposed in its fiscal year 1988 budget request to determine if they met legislative criteria.

GAO noted that most DOD program offices: (1) estimated contract costs based on limited data and little or no formal cost information from contractors; (2) assumed that multiyear procurement would save money; and (3) made limited attempts to determine specifically how and to what extent multiyear contracting could reduce costs. GAO found that: (1) two of the nine candidates proposed for multiyear procurement generally met the criteria; and (2) there were areas of increased risk in the remaining seven candidates that Congress should weigh against potential savings in determining whether it should grant multiyear procurement authority for them. GAO believes, in view of the high level of uncertainty associated with many of the estimates in the budget justification materials, Congress should carefully examine the negotiated prices and the validity of expected savings.

Sep 26, 2016

Sep 23, 2016

Sep 21, 2016

Sep 7, 2016

Aug 30, 2016

Aug 11, 2016

Jul 22, 2016

Jul 21, 2016

Jul 6, 2016

Looking for more? Browse all our products here