GAO Analysis of Projects Proposed by DOD for Multiyear Contracting in Its FY 1983 Budget Request

GAO examined nine major systems and three other Department of Defense (DOD) proposed projects planned under multiyear contracts in fiscal year 1983 to assess the: (1) accuracy and validity of the cost savings estimates; (2) appropriateness of the projects; (3) adequacy of the standards of approval for successful projects; (4) effect of multiyear contracting on flexibility in service budgets and the overall Defense budget; (5) effectiveness of multiyear contracting as a management device to improve the industrial base; and (6) appropriateness of spare parts procurement through multiyear contracting.