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PLRD-82-73 1 (1982-04-29)

handle is hein.gao/gaobabdew0001 and id is 1 raw text is: COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON D.C. 20548 B-206570 April 29, 1982 The Honorable John Tower Chairman, Committee on Armed Services United States Senate 118297 Dear Mr. Chairman: Subject: )GAO Analysis of Projects Proposed by ttre Department ov =ise for Multiyear Contracting in its Fiecal Year 1983 Budget Request (PLRD-82-73) In response to your February 5, 1982, request, we have examined nine major systems and three other projects proposed by the Department of Defense to be acquired using multiyear contracts in fiscal year 1983. Defense estimates that the 12 multiyear contract projects !(see enc. I) will require about $8.2 billion for contract comple- ition and a total of $13.3 billion of contract and associated program costs to field viable systems. Defense data show these projects will require about $364 million more in total obligational author- ity and $240.3 million more in outlays during fiscal year 1983 than would be required on an annual contract basis. However, Defense estimates that using the multiyear contracts will cost about $879 million less when compared with using successive annual contracts. The savings represent about 9.7 percent of contract costs and 6.2 percent of total program costs. OBJECTIVES, SCOPE AND METHODOLOGY We primarily directed our review to assessing --the accuracy and validity of the cost savings estimates, --the appropriateness of the projects proposed for multi- year contracting, --the adequacy of the standards of approval for successful projects, --the effect of multiyear contracting on flexibility in service budgets and the overall Defense budget, --the effectiveness of multiyear contracting as a management device to improve the industrial base, and (942144)

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