Search Results for: 2

Financial Management

Defense Working Capital Fund (DWCF)

The Defense Working Capital Fund (DWCF) allows the federal government to purchase and repair activities to account for costs and revenue as if it were a commercial business. The DWCF was established under the authority of Title 10, United States Code (USC) Section 2208, and was effective in fiscal year (FY) 1992. It was established […]

Financial Management

Defense Working Capital Fund (DWCF) Read More »

Financial Management

Cost and Software Data Reporting

The Cost and Software Data Reporting (CSDR) system is the primary means that DoD uses to collect actual cost and related business data on Acquisition Category (ACAT) I and ACAT IA defense contracts. Program Managers (PM) use the CSDR system to report data on contractor development and production costs and resource usage incurred in performing

Financial Management

Cost and Software Data Reporting Read More »

Financial Management

Disposal Cost

Disposal Cost consists of the expenses associated with demilitarization and disposal of a military system at the end of its useful life. Typically costs include: [1] Collection/storage/disposal of hazardous materials and/or waste Decontamination Disassembly Materials processing Safety precautions Transportation of the system to and from the disposal site The intent of the use of the

Financial Management

Disposal Cost Read More »

Financial Management

Cost Assessment and Program Evaluation (CAPE)

Note: Cost Analysis Improvement Group (CAIG) is now known as Cost Assessment and Program Evaluation (CAPE). The Cost Assessment and Program Evaluation (CAPE) office provide independent analytic advice to the Secretary of Defense on all aspects of the Defense program, including alternative weapon systems and force structures, the development and evaluation of defense program alternatives,

Financial Management

Cost Assessment and Program Evaluation (CAPE) Read More »

Financial Management

Contract Finance Payments

Contract financing payments are authorized Government disbursement of monies to a contractor prior to acceptance of supplies or services by the Government. They are based upon Firm Fixed Price (FFP) contracts. The specific methods of Government contract financing payment liquidation include: Commercial advance and interim payments Progress Payments Performance-Based Payments 1) Commercial Advance and Interim

Financial Management

Contract Finance Payments Read More »

Financial Management

Cost Analysis Requirements Description (CARD)

A Cost Analysis Requirements Description (CARD) is used to formally describe the acquisition program for purposes of preparing both the DoD Component Cost Estimate and the Independent Cost Estimate (ICE) for Acquisition Category (ACAT) I and ACAT IA programs. The CARD is a description of the technical and programmatic features of an acquisition program or system

Financial Management

Cost Analysis Requirements Description (CARD) Read More »

Financial Management

Cost As an Independent Variable (CAIV)

Cost As an Independent Variable (CAIV) is an acquisition philosophy that emphasizes keeping system Life-Cycle Cost (LCC) within an established range by trading the other system acquisition variables of performance or schedule. [3] Definition: Cost As an Independent Variable (CAIV) is a strategy for acquiring and supporting defense systems that entails setting aggressive, realistic cost objectives

Financial Management

Cost As an Independent Variable (CAIV) Read More »

Financial Management

Common Accounting Definitions

Below is a list of common accounting definitions: Commitment (Apportionment): A firm administrative reservation of funds based on firm procurement requests, unaccepted customer orders, directives, and equivalent instruments which authorize the recipient to create obligations without further recourse to the official responsible for certifying the availability of funds. Planning Process Programming Process Authorizations & Appropriations

Financial Management

Common Accounting Definitions Read More »